15 October 2013 17:52 [Source: ICIS news]
HOUSTON (ICIS)--China's Hongye International Investment Group plans to build a 600,000 tonne/year coal-based glycol plant in the country's Inner Mongolia region, ?xml:namespace>
Houston-based SES, which won a contract to supply its coal gasification technology for Hongye’s project in
The yuan (CNY) 9.5bn ($1.6bn, €1.2bn) project could be built within two years following final approval. Hongye already has pre-approvals from Chinese authorities, and “further approvals required to advance the project are currently being sought,” SES said.
"Hongye has a strong presence in the coal industry in Inner Mongolia and this project has the potential to provide a great example of a future solution for using low cost, low quality domestic resources in
“Because of our technology's capability to cleanly process these lower quality coals in
($1 = €0.74, $1 = CNY6.11)
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