Zhenjiang Coking Gas Group company (ZCGG) has today issued a press release announcing the formation of a Joint Venture with Mubadala Development Company, to construct and operate a calcining plant.

The plant will be on the Yangtze river, near the present-day ZCGG plant, and will have an annual output of 500,000t. Construction will commence by the end of this year, with marketable grades of CPC produced by the end of 2012.

Mubadala is best known in the primary aluminium industry for its part-ownership of Emirates Aluminium, or EMAL, in Abu Dhabi. ZCGG, through their subsidiary Surun, is China’s largest exporter of calcined coke, and also enjoys an excellent reputation among their customers. The JV partners have formed a company called Jiangsu Suyadi Tancai Company Limited (“Suyadi”).

There will be a ground-breaking ceremony on Monday. AZ China has been invited to attend, so we will provide more information, and hopefully photos, after that.