Company News, 2005-10-27, 11:02 AM
ThyssenKrupp MinEnergy acquires an interest in the Chinese coking plant BCCW
ThyssenKrupp MinEnergy GmbH (Essen/Germany), a Company of ThyssenKrupp Services, has acquired a 25 percent interest in the BCCW Jiahua Coking & Chemical Co., Ltd. (Tangshan/China) coking plant, securing long-term access to an important raw material source.
The coking plant was already fired up in September 2005 and will begin production at an official inauguration ceremony on November 28, 2005. With the start of production, ThyssenKrupp MinEnergy will take over exclusive marketing of BCCW coke and ancillary products (incl. benzene and coal tar) outside China.
Other joint venture partners are: Beijing Coking and Chemical Works, Shougang Corporation and Tangshan BeiJiang Trade Co., Ltd.