02 August 2011 05:49 [Source: ICIS news]
SHANGHAI (ICIS)--China’s Xiangyuan Qiyi Coal Chemical Group has signed a construction agreement to build a 1,000 tonne/year methanol-to-olefins (MTO) catalyst plant in Shanxi province, a local government source said on Tuesday.
Output from the 1,000 tonne/year catalyst plant, which will cost yuan (CNY) 450m ($70m), will be used in the company's MTO production process, the source added.
Details on the company’s MTO production were not disclosed by the source.
($1 = CNY6.43)
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|
Asian Chemical Connections