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Markets :: Basic Chemicals :: Petrochemicals :: Methanol

U.S. Firms to Study China Coal-to-Methanol Venture

9:46 AM MST | December 5, 2007 | Deepti Ramesh

Synthesis Energy Systems (SES; Houston), an energy and technology company, says it plans to build a coal-to-methanol plant in China in a joint venture with an undisclosed U.S.-based multinational chemical company. A project development agreement has been signed with the multinational to carry out feasibility studies and devise plans for developing the project. Financing and other details were not disclosed. SES, in the initial feasibility study phase, will identify the best site for construction of the plant to ensure adequate supplies of coal; minimize coal and...

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