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Markets :: Alternative Fuels :: Coal-to-liquids

Chinese Firm Plans Coal-to-Chemical Complex

1:54 PM MDT | September 14, 2010 | Ian Young

Legend Holdings (Beijing) says it plans to invest Rmb18 billion to build a 1-million m.t./year, coal-based alkene, and specialty and fine chemical complex near Shanghai. The project will be in two phases. The first involves an investment of Rmb7 billion-Rmb8 billion to build coal-to-methanol, methanol-to-alkene, and alkene derivative plants for completion by the end of 2013. The second phase invloves an investment of Rmb10 billion to expand methanol and alkene capacity and develop specialty and fine chemical plants. Legend also says it plans to establish a...

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