07 July 2010 09:32 [Source: ICIS news]
GUANGZHOU (ICIS news)--China’s Xishan Coal and Electricity Power Co plans to invest yuan (CNY) ?xml:namespace>
The project would include a
Construction of the methanol and DME plants, to be done in two to three phases, would begin once the source of feedstock coal for downstream chemical production was established, the source said.
“We’ve obtained all necessary approvals from [the] Shanxi local government and are now waiting for a coal mining license issued by the central government,” the source said.
The license was expected to be granted within the first half of next year, he noted.
The company would be able to produce 300,000 tonnes/year of methanol and 200,000 tonnes/year of DME at the site once the first phase of the project was completed, the source said.
Capacity additions in the second and third phases of the project have yet to be decided, he added.
($1 = CNY6.78)
To discuss issues facing the chemical industry go to ICIS connect
Please visit the complete ICIS plants and projects database
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|