October 12, 2008

Shaanxi Coal and Chemical to achieve 60 million tonnes output in 2008

It is reported that Shaanxi Coal and Chemical Industry Group plans to invest CNY 20 billion for key projects in 2008 after which the output of coal will reach 60 million tonnes and chemical products will reach 2.1 million tonnes. Sales revenue will break through CNY 20 billion, and the profit to reach CNY 1.2 billion.

According to the Group’s "11th Five-Year Plan", it will prevent major environmental pollution incidents, and gradually enhance the workers’ income, continue to improve the internal reforms, and speed up the construction of new projects.