Evonik Power Minerals completes purchase
Evonik Power Minerals GmbH has announced the completion of the purchase of the remaining shares in Hargreaves Coal Combustion Products Ltd, which now gives Evonik Power Minerals 100% ownership of the company. The company will be renamed Power Minerals Ltd.
Hargreaves Coal Combustion Products Ltd was formed in May 2003, and in 2009 became a joint venture company with Evonik Power Minerals GmbH. It offers ash management, sales and marketing services to the coal-fired power generation industry.
At the moment, the company has ash sales agency and management arrangements in place at eight UK coal-fired power plants and is well placed to service all of the UK with its product.
Hargreaves Coal Combustion Products Ltd has its main office at Drax Power Station, employs ten people and had a turnover of £6 million in 2009.
Read the article online at: https://www.worldcoal.com/coal/10082010/evonik_power_minerals_completes_purchase/
You might also like
Colorado coal plant remains open under emergency order
The US Secretary of Energy Chris Wright has issued an emergency order to keep a Colorado coal plant operational with the aim of ensuring Americans have access to affordable, reliable, and secure electricity.