Published: Nov 29, 2023 09:32
"CIMC Enric and Shougang Shuigang to collaborate on coke oven gas hydrogen production, with an annual output of 160,000 tons of LNG." On November 28th, CIMC Enric announced that the company has officially signed a contract with Shougang Group's Shougang Shuicheng Iron and Steel (Group) Co., Ltd. to establish a joint venture and cooperate in building the CIMC Shuigang coke oven gas hydrogen production and LNG co-production project. CIMC Enric and Shougang Shuigang will establish a joint venture to jointly build the project in Liupanshui City, Guizhou Province. CIMC Enric will invest 205 million yuan in registered capital and hold controlling equity. The project is designed to produce approximately 160,000 tons of LNG and 24 million cubic meters of hydrogen annually, and is expected to be completed and put into operation in 2025.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn