Charbonnages De France


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Charbonnages De France

 

a government-owned French fuel and chemical company, one of France’s largest industrial companies (in 1975 it was the 13th largest in turnover). The firm was formed in 1946 from nationalized coal companies, and it began petrochemical production in the 1960’s. In 1968 the company joined its chemical enterprises under the control of its subsidiary CDF Chimie, one of the chief French chemical companies. Charbonnages de France controls virtually all coal mining and a significant portion of the coke production in France; it is a major producer of ammonia and nitrogen fertilizers, polyvinyl chloride, and several other chemical products, and also participates in petroleum production. It supplies coal to the leading power and metallurgical companies, and also uses coal in its own industrial and power enterprises. Charbonnages de France owns more than 20 chemical enterprises that produce fertilizers, basic organic chemistry products, large semifinished products, and plastics. In 1975 it registered a turnover of $2.2 billion, employed 100,000 persons, and mined 24 million tons of coal.

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Cerchar- Centre d' Etudes et Recherches de Charbonnages de France. 12 S.
The activity-reduction plan introduced as part of the National Coal Pact signed in 1994 between Charbonnages de France and the trade unions provides for coal mining to be phased out altogether by 2005.
HBL is closing its doors early this year and the state-owned Charbonnages de France (CdF) will in turn disappear by 2007.
The Commission had to take a decision on these amounts in the light of the results of the examination of the complaint against Charbonnages de France submitted by five French companies on August 26, 1997.
This take over could be in place before the end of the year as Endesa holds a purchase option on the 51.25% of Snet which is held by French coal company Charbonnages de France (CDF).
Charbonnages de France must first reimburse Euro 18,416,018, i.e.
Lengthy and delicate negotiations on what constituted state aid for the years 1997 - 2000 have been held between the departments of the European Commission and the relevant French authorities in view of the differing interpretations of certain loan issues floated by Charbonnages de France, the only French undertaking operating in the coal industry.
SNET is the second-biggest French power utility, a subsidiary of the Charbonnages de France (CdF) group.
The aid was deemed necessary because of a national plan for the closure of all collieries in France by 2005 under an agreement made between Charbonnages de France and French trade unions.