Corporate | 24 April 2009 13:02


HMS Bergbau AG becomes member of globalCOAL

HMS Bergbau AG / Miscellaneous

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HMS Bergbau AG becomes member of globalCOAL(TM)
Coal Trading Company joins online platform 

Berlin, April 24, 2009
HMS Bergbau AG, a company which specializes in international coal trading,
has joined the online platform of globalCoal(TM). globalCOAL(TM) was
founded by leading members of the world coal industry to promote screen
trading of standardised coal products. The company has developed the
world's leading electronic marketplace for thermal coal, as well as a range
of standardised coal quality specifications, a Standard Coal Trading
Agreement (SCoTA(R)), and robust methodology for coal price index
calculation. Including HMS Bergbau AG, globalCOAL(TM) now counts 88
members.

As an independent supplier in the international commodity market HMS
Bergbau AG is developing a new distribution channel by joining
globalCOAL(TM). HMS is purchasing coal and coal products from leading
producers and delivering it to consumers across the world. 'Joining the
innovative globalCOAL(TM) network is an important step in our strategy to
further globalize our business', says Heinz Schernikau, founder and CEO.
HMS Bergbau AG has been listed at the Frankfurt stock exchange in the Entry
Standard since December 2008.

About HMS Bergbau AG:
Berlin-based HMS Bergbau AG is an independent coal trading house
specialising in just-in-time deliveries of thermal coal to power plants and
other industrial consumers. The company is one of the leading coal trading
companies in Germany and markets its products to renowned consumers
worldwide. HMS is actively expanding its activities to span coal production
and logistics solutions primarily in Asia and Eastern Europe. In addition,
the company is developing environmental technologies, in particular
concerning underground CO2 capture and storage (CCS technology). HMS has
been listed at Germany's Frankfurt Stock Exchange since December 2008.




Contact:
Claudia Wieland
Tel. +49 (0)911-9597871
Fax +49 (0)911-9597880
E-Mail cwieland@hms-ag.com
www.hms-ag.com




24.04.2009  Financial News transmitted by DGAP
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