Shenhua Group
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| State-owned enterprise | |
| Industry | Energy |
| Founded | 1995 |
| Headquarters | Beijing, China |
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Area served
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China |
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Key people
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Chairman: Dr. Zhang Yuzhuo |
| Products | Coal, electricity, transportation (rail and ocean), polyethylene, polypropylene |
| Services | Coal production, transportation, Electricity generation |
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Number of employees
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~210,000 |
| Subsidiaries | China Shenhua Energy |
| Website | China Shenhua Website |
Shenhua Group Corporation Limited (Chinese: 神华集团) is a leading state-owned mining and energy company in the People's Republic of China (PRC). Shenhua Group was founded in October 1995 under the auspices of the State Council of the People's Republic of China. It is the largest coal-producing company in China. In 2014 Shenhua Group produced 437 million tonnes of coal and sold 588 million tonnes of coal. In 2014, Shenhua Group’s revenue was 328.6 billion yuan (~US$53 billion), and the company ranked 196th in the Global Fortune 500. The same year the Shenhua Group’s profit was 64 billion yuan (~US$10 billion).
Shenhua Group is vertically integrated and, in addition to coal mining, the company also produces electricity from coal and renewable energy, operates railroads, ports, and seaborne shipments, produces polyethylene and polypropylene, and undertakes research, development, and demonstrations activities.
Shenhua Group is the largest coal producer in the PRC, operating both underground and open cut mines. In 2014, the company sold about 588 million tonnes of coal, the vast majority of which was mined by Shenhua subsidiaries.
Shenhua, like other coal producers in the PRC, is required to meet reclamation standards set by the government for its mining projects. In 2014, Shenhua invested a total of US$37 million in conservation of soil and water and environmental remediation. For example, afforestation areas were expanded by over 25,000,000 square meters in 2014.
Shenhua has recently highlighted its progress in implementing smart mining technologies to improve mining efficiency and safety. In 2013 the company was awarded the World Coal Association Award for Leadership on Mining Safety.
Shenhua also largely transports the coal it produces. For example, in 2014, the company transported coal on its railways at a rate of 224 billion tonnes·km. Shenhua also owns three ports and works with third party ports that were used to transport about 235.8 million tonnes of coal by sea in 2014.
Shenhua’s total power output dispatch was 324.6 billion kWh in 2014, most of this electricity was generated using coal. The PRC’s standards for coal-fired power plants require emissions control technologies for particulate matter (PM), sulfur oxides (SOx), and nitrogen oxides (NOx). Therefore, emissions control equipment was necessary for all power plants operated by Shenhua. The company has completed the desulfurization (de-SOx) retrofits to all of its coal-fired power generators, and is in the process of adding controls to reduce NOx emissions. Shenhua Guohua, one of Shenhua Group’s largest electricity-generating subsidiaries, has implemented a program to achieve near-zero emissions at its coal fired power plants. In essence, the company has committed to emissions of PM, SOx, and NOx that are at or below the standards set for natural gas power plants. The PRC standards for key areas are shown in the table below.
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Wikipedia