SinoCoking's Second Phase of UCG Technology Upgraded for Use in Existing Coal Mines With Capital Investment Saving of 50%
GlobeNewswire - Mon Mar 16, 8:15AM CDT
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today announced that its Underground Coal Gasification (UCG) technology has been upgraded and will be applied to Henan Hongchang Coal mine with 50% capital saving. Compared to the first phase UCG Technology Demonstration project (announced on January 21, 2015), the second phase UCG project (approved on January 29, 2015) not only enjoys similar government benefits, but has the following four advantages: (1) The second phase will be built at the site of the company's Hongchang mine with its existing coal facilities, which results in saving of about 50 percent in capital investment. (2) The blended process will be applied to the second phase, and it will produce coal and syngas simultaneously. This is different from the first phase of UCG, which processes utilizing non-well technology to produce only syngas. (3) The blended technology is so far the most efficient technology to exploit the underground coal resources. (4) The blended technology may be applied to other mines in Henan province. The company will launch the second phase of the UCG project through its wholly-owned subsidiary, Baofeng Hongchang Coal Co., Ltd., with existing coal operations in Baofeng County.
SCOK: 2.45 (-0.07)
SinoCoking to Produce Hydrogen at Syngas Facilities for Sale to Shenma Industry Co Ltd
GlobeNewswire - Mon Mar 02, 6:30AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today announced it has signed an agreement to provide hydrogen, a byproduct from the production of syngas, to Henan Province-based Shenma Industry Co Ltd (Shanghai Exchange:600810). Hydrogen production is scheduled to begin later this year and will be generated at a facility located alongside SinoCoking's aboveground syngas facilities.
SCOK: 2.45 (-0.07)
SinoCoking Coal & Coke Chemical (SCOK) Upgraded From Sell to Hold
at The Street - Fri Feb 20, 3:00PM CST
SinoCoking Coal & Coke Chemical (SCOK) has been upgraded by TheStreet Ratings from Sell to Hold with a ratings score of C-.
SCOK: 2.45 (-0.07)
SinoCoking Announces Second Fiscal Quarter Results
GlobeNewswire - Thu Feb 12, 4:07PM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today announced that for the second fiscal quarter of 2015 ended December 31, 2014, the company had income from operations of $523,305 on revenue of $12,677,319 compared to income from operations of $1,540,556 on revenue of $13,208,253 in the like year-ago quarter.
SCOK: 2.45 (-0.07)
SinoCoking Coal reports FQ2 results
Seeking Alpha - at Seeking Alpha - Thu Feb 12, 4:02PM CST
SCOK: 2.45 (-0.07)
China Stocks Surge As PBOC Lends To Prepare For New Year
at Investor's Business Daily - Wed Jan 21, 4:59PM CST
China's markets jumped for a second day Wednesday as the central bank poured $8 billion of capital support into the country's financial markets. China stocks, particularly those on the mainland Shanghai and Shenzhen markets, reacted by bouncing off...
KNDI: 12.47 (-0.55), CHA: 64.35 (-0.74), SCOK: 2.45 (-0.07), BIDU: 212.69 (-1.88), CHL: 63.72 (-0.82), ASHR: 40.53 (+0.83), BABA: 85.20 (-0.54)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 11:45AM CST
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One Factor Bringing SinoCoking Coal and Coke Chemical (SCOK) Stock Up Today
at The Street - Wed Jan 21, 9:11AM CST
SinoCoking Coal and Coke Chemical (SCOK) is gaining after announcing the Henan Pindingshan Shilong District Science and Technology Bureau approved the company's Underground Coal Gasification program.
SCOK: 2.45 (-0.07)
Premarket Gainers / Losers as of 9:10 am
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 8:14AM CST
NFLX: 428.30 (+3.09), ANV: 0.86 (unch), SCOK: 2.45 (-0.07), EGO: 5.09 (+0.21), WHX: 0.61 (+0.06), DAN: 21.05 (+0.31), SNE: 27.91 (+0.06), ARNA: 4.80 (-0.21), OCLS: 0.82 (+0.01), CREE: 38.29 (+0.98)
SinoCoking Coal +30% as officials OK underground coal gasification program
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 7:44AM CST
SCOK: 2.45 (-0.07)
SinoCoking's Underground Coal Gasification Program Approved as a Technology Demonstration Project
GlobeNewswire - Wed Jan 21, 7:00AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today announced that the Henan Pingdingshan Shilong District Science and Technology Bureau has approved the company's Underground Coal Gasification (UCG) program as a Technology Demonstration project for its scientific innovation. As a qualified State Scientific Demonstration project, SCOK's UCG program will be entitled to receive a series of benefits and financial support from the government, including 30% reimbursement of total capital investment, 25% refunds for taxes paid to local and state tax authorities, and access to coal for gasification purposes in Shilong District's 27 square kilometers of coal reserves.
SCOK: 2.45 (-0.07)
SCOK Syngas Deliveries Top 40 Million Cubic Meters
GlobeNewswire - Thu Jan 15, 9:15AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today issued an update for investors regarding the company's syngas production.
SCOK: 2.45 (-0.07)
SinoCoking Enters Into Three-Party Venture for the Annual Purchase, Financing and Sale of 300,000 Tons of Coking Coal
GlobeNewswire - Mon Jan 12, 8:20AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today announced it had entered into a three-party venture with Fangda Special Steel Technology Co. Ltd, China's largest automotive steel spring manufacturer, and with Henan Shenhuo Group, one of the six largest state-owned coal mining companies in Henan Province, whereby Fangda will provide SCOK with Letters of Guarantee on a monthly basis, issued to Henan Shenhuo, to guarantee payment for a minimum of 300,000 tons of coking coal in 2015.
SCOK: 2.45 (-0.07)
SinoCoking Issues Update on Underground Coal Gasification Project
GlobeNewswire - Wed Jan 07, 7:00AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today issued an update for investors regarding the company's Underground Coal Gasification (UCG) project. According to the company's Chairman and CEO, Mr. Jianhua Lv, the project is on schedule and expected to start producing syngas in March 2015.
SCOK: 2.45 (-0.07)
SinoCoking to Implement Proprietary Gas Compression and Blending Technology Program
GlobeNewswire - Tue Jan 06, 8:44AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically integrated producer of clean energy products located in Henan Province, today announced it will begin to apply the company's proprietary gas compression and blending technology (CBT) to current syngas operations and to syngas to be produced by the company's underground coal gasification (UCG) technology, with a goal of full implementation of the program by the end of April 2015.
SCOK: 2.45 (-0.07)
One Reason SinoCoking Coal and Coke Chemicals (SCOK) Stock Is Up Today
at The Street - Thu Dec 04, 9:31AM CST
SinoCoking Coal and Coke Chemicals (SCOK) is gaining Thursday after announcing the construction of its second aboveground syngas facility.
SCOK: 2.45 (-0.07)
SinoCoking starts construction of second above-ground syngas facility
Seeking Alpha - at Seeking Alpha - Thu Dec 04, 7:51AM CST
SCOK: 2.45 (-0.07)
SinoCoking Begins Construction of Second Aboveground Syngas Facility; Plan to Double Output Capacity Includes Compression Technology to Allow for Syngas Storage and Expand Company's Distribution Potential
GlobeNewswire - Thu Dec 04, 7:06AM CST
SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK), a vertically-integrated producer of clean energy products located in Henan Province, today announced that it had begun construction of its second aboveground facility for the conversion of carbon dioxide into clean-burning syngas. Located at the site of the company's recently completed syngas production facility in Pingdingshan, this second facility is expected to double total syngas output to 50,000 cubic meters per hour from the current 25,000 cubic meters per hour.
SCOK: 2.45 (-0.07)
Sinocoking Coal And Coke Chemicals (SCOK) Is Strong On High Volume Today
at The Street - Wed Nov 26, 9:06AM CST
Trade-Ideas LLC identified Sinocoking Coal and Coke Chemicals (SCOK) as a strong on high relative volume candidate
SCOK: 2.45 (-0.07)
SinoCoking Is Very Undervalued If You Believe Its Claims
Edward Vranic, CFA - at Seeking Alpha - Wed Nov 26, 2:44AM CST
SCOK: 2.45 (-0.07)