" The Shenhua Group is one of the largest manufacturers, and the largest exporter, of home textile fabrics in China , focusing on mid to high end quality fabrics for the home textiles market. In addition to producing fabrics, the Shenhua Group also produces finished goods, including curtains, cushions, quilts and other bedding items. Our fabrics and finished products are suitable for internal furnishing and decorative purposes in domestic and commercial settings. Our operations utilize state of the art rapiers and jacquards, on a facility covering 990,000 square metres located in Yangxunqiao Town , Shaoxing City of Zhejiang Province . In 2008, Shenhua produced over 42 million metres of fabric and 690,000 units of finished goods. The business has traditionally been very export focused, with the vast majority of sales derived from exports to over 47 countries in 2008. The Shenhua Group will be focusing on increasing sales in the domestic Chinese market. he Shenhua Group differentiates itself from competitors by addressing the premium end of the market. Focusing on mid-to-high end home textiles, in terms of designs and quality, enables us to command a pricing premium on its products. As such, product design and quality control are key areas of focus for the business. "
GE (NYSE: GE) announced today the opening of GE Shenhua Gasification Technology Company Ltd., a 50-50 joint venture (JV) with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China.
Mongolia's state-owned Erdenes Tavan Tolgoi LLC signed its first-ever term contract to sell coal from the giant TavanTolgoi coking coal deposits, possibly using the income to fund costs of an initial public offering.
Japan's Ministry of Foreign Affairs said Friday that there have been recent high-level talks with Mongolia over the role of Japanese companies in developing the country's huge mineral reserves, but contrary to a recent report, there was no official complaint from Tokyo about the bidding for a major coal project.