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Jingtang Kailuan coal and iron and steel joint venture
| Time：[2008-12-10] Read[184] | The evening of December 9, Kailuan of shares that will work with Tang in Beijing to set up steel joint venture in Caofeidian region tar processing projects.
Notice shows that on the 8th, Kailuan Clean Coal Co., Ltd. (hereinafter referred to as Kailuan Clean Coal) and Shougang Jingtang iron and steel Co., Ltd. signed a cooperation letter of intent to form joint venture to jointly invest in building regional Caofeidian coal tar processing.
Projects with a total investment of about 2,500,000,000 yuan, the proposed project includes 600,000 tons / year coal tar processing project in the early years and in the processing capacity 800,000 tons more than the size of the deep-processing projects. Construction projects to be implemented in two phases, the construction of a 300,000 tons / year in the early coal tar processing projects; the second phase construction of 300,000 tons / year in the early coal tar processing capacity of 800,000 tons more than in the size of the deep-processing projects.
The two sides determined in the joint venture's equity ratio and said that if necessary the introduction of third-party investors.
At the same time, the two sides also pledged the two sides and a joint venture between the product procurement and supply will follow the market price. |
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