Oil & Gas E&P Industry | Energy Sector | Mr. Yongdong Tian CEO | XSHE Exchange | CNE0000012V3 ISIN |
CN Country | 2,050 Employees | - Last Dividend | 16 May 2008 Last Split | 10 May 2000 IPO Date |
Shanxi Blue Flame Holding Company Limited, originally known as Taiyuan Coal Gasification Company, Limited until its name change in May 2017, has been a key player in the energy industry since its establishment in 1998. Situated in Taiyuan, China, the company specializes in the exploration, development, and utilization of coal mine gas. Over the years, Shanxi Blue Flame has expanded its expertise into various related fields including coalbed methane surface mining, mineral resource exploration, and effective coal mine gas control. This expansion signifies the company's dedication to diversifying its services and contributing to energy efficiency and environmental protection.
Shanxi Blue Flame focuses on harnessing coal mine gas, a by-product of coal mining, for energy production. This process not only generates electricity but also reduces greenhouse gas emissions, aligning with environmental sustainability goals.
The company specializes in the extraction of coalbed methane, a type of natural gas found in coal beds. This service is crucial for ensuring the safety of coal mines by removing potentially explosive gas, as well as for providing a clean energy source.
Exploring and identifying mineral resources, Shanxi Blue Flame invests in geological studies to locate valuable minerals. This aspect of their business supports the broader energy and raw materials market by discovering new mining opportunities.
Shanxi Blue Flame offers sophisticated solutions for controlling and managing gas emissions in coal mines. Their technologies and methods are essential for preventing mine accidents due to gas explosions and for minimizing environmental pollution.
The company also markets coalbed methane products, highlighting its role in providing clean energy alternatives. These products are vital for various industries, including heating and electricity generation, demonstrating the company's commitment to renewable energy sources.