The Hong Kong and China Gas Co Ltd - Company Profile
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Business Description
The Hong Kong and China Gas Co Ltd (Towngas) carries out the production, distribution and marketing of gas and provides home appliances and comprehensive after-sales services. Its operation includes LPG filling stations, water business and utilization of landfill gas. The company also has interests in telecommunications, building services, engineering, and the new eco-energies, among others. Towngas operates through four reportable business segments: Gas, water, and related businesses; New Energy, Property and Others.
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Business Segments
Overview
Includes production, distribution and marketing of gas, water and related activities in Hong Kong and mainland China It produces through Tai Po Plant and the MTK Plant in Hong Kong Operates through more than 514 projects in 28 provinces, municipalities and autonomous regions in mainland China The projects are mostly joint ventures, spanning upstream, midstream and downstream, natural gas sectors, water sectors, efficient energy applications and exploration and utilization of emerging environmentally-friendly energy, as well as telecommunications. Manages water supply and wastewater treatment business through its subsidiary, Hong Kong & China Water Limited
Performance
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Overview
Operates environmentally-friendly energy businesses across the mainland as well as liquefied petroleum gas (LPG) refilling stations, landfill gas projects and an aviation fuel storage facility in Hong Kong Conducts its business through Environmental Investments Ltd (ECO) ECO has a product portfolio including clean fuels such as liquefied natural gas (LNG) and methanol. It also operates LPG filling stations, landfill gas utilization projects and aviation fuel storage facility for the Hong Kong International Airport. ECO’s LPG filling stations provide 18,000 LPG taxis and most of LPG minibuses in Hong Kong with 24-hour gas filling services. Operates ethanol plant in Hebei. Plan in progress for the operation of renewable diesel in Jiangsu, China and sustainable aviation fuel plant in Johor, Malaysia.
Performance
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Overview
Undertakes the property development and investment activities in Hong Kong.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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