China Coal Energy Co Ltd - Company Profile
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Business Description
China Coal Energy Co Ltd (China Coal), a subsidiary of China National Coal Group Corp, is a coal mining company. It produces coke, thermal coal, coking coal, methanol, urea, polyethylene, and polypropylene. It also manufactures coal mining equipment and carries out the construction of power plants. The company also provides marketing, sales, and after-sales services of coal and power mining equipment. It has coal production units in Pingshuo, Shanxi and Hujierte, Ordos of Inner Mongolia, Shaanxi, Jiangsu, Xinjiang, and Heilongjiang.
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Business Segments
Overview
Produces and sells coal including thermal coal and coking coal. The company owns mining operations in Shanxi, Inner Mongolia-Shaanxi, Jiangsu, Xinjiang and Heilongjiang. The company aims at promoting clean and efficient development of coal and the construction of integrated projects of coal, chemical and power generation to enhance coal production efficiency.
Performance
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Overview
It sells refined coking chemicals including methanol, coke, urea methanol-dimethyl ether fuel, ether, and olefin. The company intends to adopt the most advanced coal gasification technology and environmental energy saving standards for constructing the large-scale coal chemical bases in Inner Mongolia-Shaanxi and Shanxi. It also plans to control the energy consumption, water consumption and emission of pollutants to expand the production scale and refine the products.
Performance
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Overview
The segment provides loan, deposit, bill acceptance, and discount and other financial services to the entities within the company.
Performance
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Overview
The segment designs, manufactures and trades mining machinery and equipment. It operates six coal mining equipment manufacturing bases in Beijing, Zhangjiakou, Shijiazhuang, Xi’an, Handan, and Fushun.
Performance
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Overview
It includes power generation activities, tendering and bidding services, import of equipment and accessories, aluminum processing, railway transportation and other business.
Performance
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Geographical Segments
Performance
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Target Markets
Hong Kong and Australia.
Performance
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