China National Chemical Corporation (ChemChina) signed strategic cooperation with Shenhua Group on Aug 17.
Zhang Xibin, head of Shenhua Group, said Shenhua and ChemChina hold historic missions to revitalize national industries.
Zhang said the company could do innovations on downstream products of the coal chemical industry with ChemChina’s 24 scientific research institutes with strong teams and internationalization.
He promised ChemChina would be treated as one of its biggest clients and enjoys preferential policies.
Ren Jianxin, head of ChemChina, also introduced detailed information of the company and institutes to Zhang.
Cooperation involves coal procurement, storage and logistics, coal chemical technology innovation, new energy materials, market expansion, talents exchange and training, and information construction.