Shenhua Group

Shenhua Group
神华集团
State-owned enterprise
Industry Coal
Founded 1995
Headquarters Beijing, People's Republic of China
Area served
 People's Republic of China
Key people
 Chairman: Mr. Zhang Zifei
Products Coal
Services Coal production, transportation, Electricity generation
Number of employees
 ~150,000
Subsidiaries China Shenhua Energy Company
Website Shenhua Group

Shenhua Group (Chinese: 神华集团) is a leading state-owned mining and energy company in China. It is the second largest coal-producing company in the world, next only to Coal India. It was founded in October 1995 under the auspices of the State Council of the People's Republic of China.

Activities

The Shenhua Group operates Shenfu Dongsheng coalfield as well as the affiliated railway assets, power plants, port facilities, shipping fleet, and coal liquefaction projects.[1] In addition to the coal production in China, Shenhua is also looking at coal investments in Mongolia, Indonesia and Australia.[2]

The coal-to-liquid (CTL) plant, based in coal-rich Inner Mongolia, has started production in 2008 and visited by PRC Premier Wen. The firm constructed the first coal-to-olefin plant. On November 2, 2010 Dow Chemical Company announced plans to apply for permission to build the Yulin Integrated Project a joint venture with Shenhua to build an integrated complex of coal, power and chemicals in Yulin, Shaanxi.[3]

Subsidiaries

An electric locomotive operated by the Shenhua Group.

The company has more than 30 subsidiaries, including:

Its subsidiary China Shenhua Energy Company is listed at the Hong Kong Stock Exchange and Shanghai Stock Exchange.

Controversies

Shenhua Group is China's largest coal miner. Environmental effects of coal are large.

Water pollution

According to Greenpeace in July 2013 Shenhua Group has reduced groundwater levels in an Inner Mongolia region and discharged high levels of toxic wastewater.[4][5]

References

  1. ↑ "Shenhua Group – Present and Future" (PDF). IEA. Retrieved 2008-03-13.
  2. ↑ Richard McGregor (2007-10-09). "Shenhua Group: A pivotal position in the energy industry". Financial Times. Retrieved 2008-03-13.
  3. ↑ "Taking another important step forward… Dow and Shenhua Submit Project Application Report for Yulin Integrated Project" (Press release). Shanghai: Dow Chemical. November 2, 2010. Retrieved March 3, 2013. Shenhua Group has made great achievements in the field of coal to liquids and chemicals where the direct coal liquefaction plant with independent intellectual property and the first coal-to-olefin plant in the world have all been put into operation.
  4. ↑ Chinese coal company releasing toxic wastewater, Greenpeace says The Guardian 23 July 2013
  5. ↑ Greenpeace reveals Chinese state coal company's ruthless water grab July 23, 2013

External links