Ningxia Shenyao and Anhui Carbonxin signed a license agreement for the dry coal powder gasification technology of the \"Shenning Furnace\" in the comprehensive utilization project of coke oven gas

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Ningxia Shenyao and Anhui CarbonXin signed a license agreement for the dry coal powder gasification technology used in the coking gas utilization project “Shenning Furnace”. Author/Source: Coal Chemicals Client. Date: July 25, 2019. Clicks: 12. On the morning of July 24, the signing ceremony for the license agreement regarding the dry coal powder gasification technology of the “Shenning Furnace” in Anhui CarbonXin Technology Co., Ltd.’s coking gas utilization project was held at the New Coal Chemicals and Synthetic Materials Base in Huaibei City, Anhui Province. Zheng Renyong, chairman of Linhuan Coking Co., Ltd., Li Wei, general manager of the same company, and Kuang Jianping, general manager of Ningxia Shenyao Technology Co., Ltd., along with the key officials from their respective enterprises, attended the signing ceremony. Anhui Carbonxin Technology Co., Ltd. is a wholly-owned subsidiary of Huaibei Mining Co., Ltd., with a registered capital of 600 million yuan. Relying on Linhuan Coking Co., Ltd., the company is engaged in the comprehensive utilization of coke oven gas. The company is located in the Linhuan Industrial Park in Huaibei City, Anhui Province, enjoying a favorable geographical location with excellent transportation access. Huaibei Mining Co., Ltd. is a large state-owned enterprise specialized in coal mining and related comprehensive utilization activities. In line with the Huaibei Mining Group’s development strategy of \"relying on coal, expanding beyond coal, and going beyond coal,\" Huaibei Mining has carried out \"integrated\" upgrades and expansions of Linhuan Coking Co., Ltd. It has also made efforts to establish Anhui Carbonxin Technology Co., Ltd., which is one of the key projects in Anhui Province aimed at restructuring the economy and addressing existing weaknesses. This company serves as a cornerstone project for Huaibei City’s effort to develop a carbon-based new materials industry worth over 100 billion yuan. It not only has the potential to become a new important source of economic growth for Huaibei Mining but also holds great significance for implementing the \"China Carbon Valley • Green Gold Huaibei\" strategy, as well as for promoting structural adjustments, transformation, and upgrading in Anhui Province. Ningxia Shenyao Technology Co., Ltd. was established through joint investment by Shenhua Ningxia Coal Industry Group Co., Ltd., Shanghai Qiyao Technology Group Co., Ltd., China Wuhuan Engineering Co., Ltd., Zhongke Synthetic Oil Technology Co., Ltd., and Ningxia Tianjianfeng Rong Equity Investment Partnership (Limited Partnership). It is one of the first ten enterprises selected by the State-owned Assets Supervision and Administration Commission of the State Council for the \"state-controlled employee shareholding pilot program\". Shenyao Technology is located in Yinchuan, Ningxia Hui Autonomous Region. Ningxia Shenyao Technology Co., Ltd. is engaged in the research and development, as well as the licensing of transfer, of gasification technology and related supporting technologies ； Processing and supply of proprietary equipment, installation and commissioning, startup services ； Sales of chemical raw materials and products (excluding those easily used for drug production and hazardous chemicals), as well as related technologies, video surveillance systems, instruments, valves, and mechanical and electrical products.