Oct.31,2011,Mubadala Industry and Zhenjiang Coking Gas Group Company (“ZCGG”) through its subsidiary Jiangsu Surun High Carbon Company (“Surun”), announce joint venture partnership, Jiangsu Suyadi Tancai Company Limited (“Suyadi”), a high-quality CPC production facility in Zhenjiang, Jiangsu Province, China.
Benefiting from the advantageous location and logistical links on the Yangtze River, and Surun’s established technology and supply chain, Suyadi is targeting to produce an annual production of 500,000 tons of anode-grade CPC. Construction of the facility will commence at the end of 2011, with first production slated for export by the end of 2012.
New integrated control systems will be introduced to ensure that the new plant will have the very highest quality processes and equipment. The plant represents a step forward for the local industry, with all waste heat from the calcining process recycled and delivered to other companies in Dantu Economic Development Zone, boosting local circular economy efforts.
about Mubadala
Mubadala Development Company (Mubadala) is a catalyst for the economic diversification of Abu Dhabi. Established and owned by the Government of Abu Dhabi, the company’s strategy is built on the creation of partnerships and on long-term investments that deliver strong financial returns and tangible social benefits for the Emirate of Abu Dhabi and that contribute to the growth and diversification of its economy.
Mubadala brings together and manages a multi-billion dollar portfolio of local, regional and international investments and partners with leading global organizations to operate businesses across a wide range of industry sectors. These include semiconductor technology, aerospace, energy, healthcare, information communications and technology, infrastructure, real estate and hospitality, and services ventures. For more information about Mubadala, please visit http://www.mubadala.ae. |
