19 October 2009 10:13 [Source: ICIS news]
SHANGHAI (ICIS news)--China’s government has banned expansions of existing coal-chemical projects and has restricted the building of small-scale facilities for the next three years to curb overcapacity, an official source from the National Development and Reform Commission (NDRC) said on Monday.
Under the plans, during the next three years the government would only allow synthetic ammonia projects with a capacity of more than 300,000 tonnes/year, while coal-to-methanol projects would need to have a capacity of more than 1m tonnes/year, the source added.To discuss issues facing the chemical industry go to ICIS connect
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