21 August 2013 14:35 [Source: ICIS news]
HOUSTON (ICIS)--US chemicals major Celanese and China National Petroleum Corporation (CNPC) have agreed to co-operate on promoting the applications of synthetic fuel ethanol, CNPC said on Wednesday.
In a notice on its website, CNPC said Celanese CEO Mark Rohr and CNPC chairman Zhou Jiping met this week to sign an agreement on promoting the application of synthetic fuel ethanol.
“Co-operation between the two companies will help CNPC upgrade the quality of oil products, strengthen technological innovation capability and contribute more to air quality improvement,” the Chinese company said.
CNPC lauded Celanese for its “advanced technology and [research and development] system for coal-to-ethanol at a low cost”.
It did not disclose financial or other details of the co-operation.
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