Tip o’ the hat to Glenn for this revelation!!!
“The China trade mission has confirmed that Greenland Group is investing $400 million in Ontario and will create up to 200 new Ontario jobs!”
“At present, Greenland Group has formed a complete industrial chain including production, processing, storage, transport and distribution of coal as well as storage, transport, trade and retail of petroleum, and owned several coal mines in Inner Mongolia and Shanxi Province, with gross resource reserve amounting to 700 million tons, annual output of more than 13.5 million tons, and distribution amount of over 55 million tons.As for the product deep-processing field, Greenland Group has successfully acquired a coal deep-processing project in Dandong, Liaoning Province and a petroleum production-supply-marketing integration base in Zhoushan, Zhejiang Province, both of which substantially increased the added value and core competitiveness of energy products. As for the trade and distribution field of coal and petroleum, Greenland has invested and built Inner Mongolia Jinfengyuan Coalification Logistics Park, which is expected to be the core channel for both production and marketing of regional coals and maintain a compound annual growth rate of 50% or above upon operation. In addition, Greenland has built a 200,000-cube petroleum warehousing base and a wharf at Shanghai Waigaoqiao, and jointly worked with China National Coal Group Corp to develop a ten-million-ton coal distribution storage base, etc.. “