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ConSol company history timeline

1990

DuPont, which split Conoco's oil and coal assets into separate subsidiaries, then sold some Pennsylvania mining interests to RWE. By the autumn of 1990 rumors were reported in the press that indicated RWE through its Rheinbraun subsidiary was interested in acquiring as much as half of Consol.

1998

DuPont announced in April 1998 that it was adjusting its business mix to focus on its agricultural, biotechnology, and pharmaceutical business.

In addition, in 1998 CONSOL paid $150 million to acquire Rochester & Pittsburgh Coal Company.

1999

1999: CONSOL goes public and begins trading on the New York Stock Exchange.

2000

At the end of 2000 it acquired a 50 percent interest in Line Creek Mine, a Canadian operation, at a cost of more than $29 million.

2001

Further strengthening its holdings in this region, CONSOL in 2001 spent another $158 million to acquire coalbed methane-gas production and pipeline assets from Conoco Inc.

2002

In the meantime, CONSOL cut back production in 2002, achieved in large part by closing down seven mines that according to management had reached the end of their economic life.

2022

© 2022 CONSOL Energy Inc. / All rights reserved.

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Founded
1983
Company founded
Headquarters
Canonsburg, PA
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Zippia gives an in-depth look into the details of ConSol, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ConSol. The employee data is based on information from people who have self-reported their past or current employments at ConSol. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ConSol. The data presented on this page does not represent the view of ConSol and its employees or that of Zippia.

ConSol may also be known as or be related to ConSol and Consol.