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Volume 64.6K
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Company Description

Contact Info

Kuanggong Road and Tiyu Road

10th Floor

Chengshi Xin Yong She, Tiyu Road

Xinhua District

Pingdingshan, 467000

China

Phone: 86 37 5288 2999

Fax:

SinoCoking Coal and Coke Chemical Industries, Inc. operates as an integrated coal and coke producer based in Henan Province, the People’s Republic of China (PRC or China). The company’s business operations are conducted by Henan Province Pingdingshan Hongli Coal & Coke Co., Ltd. (Hongli). The company’s products include raw coal, washed coal, ‘medium’ or mid-coal, coal slurries, coke, coal tar, and crude benzol. It also generates electricity from gas emitted during the coking process, which the company uses primarily to power its operations. Products and Operations The company’s operations are located in West Baofeng County, a part of Pingdingshan Prefecture south of Zhengzhou, the provincial capital. Its three principal products are coal, coke, and electricity. Coal The company sells coal, including raw (unprocessed) coal, washed coal, mid-coal, and coal slurries; and also uses washed coal to make coke. The company controls four coal mines. The company’s coal related operations are under the three subsidiaries of Hongli, such as Baofeng Hongchang Coal Co., Ltd.; Baofeng Shuangrui Coal Mining Co., Ltd.; and Baofeng Xingsheng Coal Mining Co., Ltd. Coal Washing: At the Baofeng plant, the company operates a coal-washing facility that is capable of processing approximately 750,000 metric tons of coal per year. The company uses a water-based jig washing process, which is prevalent in China, and uses both underground and recycled water. Sorting machines that could process approximately 600 metric tons per hour sort the washed coal according to size. Washed coal is also blended with other coal to achieve the proper chemical composition and thermal value for coking. Coke Coking related operations, including coke gasification, are carried out by Hongli and its branch, Baofeng Coking Factory. Coke is a hardened, solid carbonaceous residue derived from low-ash, low-sulfur bituminous coal from which the volatile constituents are driven off by baking in an oven without oxygen at high temperatures so that the fixed carbon and residual ash are fused together. Volatile constituents of the coal include water, coal-gas, and coal-tar. The company produces metallurgical coke, which is primarily used for steel manufacturing. The company operates two plants, such as the Baofeng plant, which the company owns; and the Hongfeng plant, which the company leases from Pingdingshan Hongfeng Coal Processing and Coking, Ltd. since April 2013. At the Baofeng plant, the company produces coke from a series of three WG-86 Type coke ovens lined up in a row with an annual capacity of 250,000 metric tons. The Hongfeng plant has an annual capacity of 200,000 metric tons and is approximately 3 miles from the Baofeng plant. The company commenced production in August 2013. Coking Byproducts: Coal tar is an ingredient of coal tar pitch used in the aluminum industry, and could be further refined to create chemicals and additives, such as fine phenol, fine naphthalene, and modified pitch that could be used as raw material in making concrete sealant, wood treatment compounds, agricultural pesticides, and other chemical products. Electricity Generation Electricity generation is carried out by Baofeng Hongguang Environment Protection Electricity Generating Co., Ltd. (Hongguang Power), also a wholly owned subsidiary of Hongli. After coal tar is separated at the Baofeng plant, the remaining coal gas is piped to two onsite 3,000-kilowatt power stations (the Daying power station and the Sunling power station) to generate electricity, each of which has an estimated maximum generating capacity of 26,280,000 kilowatt-hours per year. The generated electricity primarily powers operations at the Baofeng plant and at Hongchang coal mine. Local state-owned utilities supply electricity to the Hongfeng plant and Shunli coal mine, Xingsheng coal mine, and Shuangrui coal mine. Customers For the year ended June 30, 2014, the company’s major customers included Wuhan Railway Zhongli Group; FangDa Special Steel Ltd.; Zhengzhou Baonuo Trading Ltd.; and Wang Fashun. Suppliers For the year ended June 30, 2014, the company’s suppliers included Xin

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