11
Dec
01:51
Fuma delays Shanxi needle coke project commissioning
Fuma Carbon Material Company, part of China’s Magang Group and located in Shanxi province, has revised plans for commissioning its needle coke and tar project, Kallanish notes.
Fuma was set up as a joint venture by Magang in 2018, which holds 51%, and Shanxi Jinghua Carbon Company. Magang is now part of Baowu Group. Project construction was begun at the end of November 2018. Fuma is investing CNY 900 million ($127.89 million) in equipme…
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