By Rob Cockerill2015-08-21T16:55:00+01:00
Jinrui Gas, an industrial gas company based in Chengdu, in China’s Sichuan province, has revealed plans to be listed in the Australian Security Exchange (ASX) before the end of June 2016.
If successful, it will be the first Chinese industrial gas company to be listed overseas in Australia.
The company listed in the Shanghai market earlier this year (June). Its turnover is expected to exceed RMB 200m ($32m) next year (2016).
Jinrui Gas was established in August 2011 by Chengdu Jinkexing Gases Co. Ltd and Chengdu Fengrui Chemicals Co Ltd, and has total assets valued at RMB 150m with 200 employees.
Its gas business covers both gaseous and liquefied gases, including mixture gases, specialty gases, electronic gases, high purity gases, standard gases and medical gases.
A world-first pilot project which will convert Australian brown coal to hydrogen for export to Japan has been approved by the Environment Protection Authority (EPA) today.
Month on month the gasworld website continues to be the primary portal for information, on a global scale, about our industry - be it through the provision of news and features, or information in the expansive company directory section. Launched in 2004, it is the only independent online news provider and information portal for the global industrial gas community and the larger end-user markets. The website also now incorporates news for gasworld US and Specialty Gas Report.
To find out more about gasworld's advertising opportunities click here.