Newsflash
| Dow and China Shenhua will restart the 10 billion U.S. dollars of coal chemical project |
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According to the news of Reuters on November 5, U.S. Dow Chemical Company will work with China Shenhua to restart in China's coal chemical project in Shanxi Province, the project is valued at 10 billion U.S. dollars. The two sides have held the project's ceremony on November 3 . In Yulin of Shanxi, the two sides will install 23 units of large-scale equipment, including an annual output of 3.32 million tons of methanol facilities, using of these equipment products will be processed into plastics and other chemical products. A local official said: "For the project's feasibility study is nearing an end, followed by the central government we will submit the application for approval of this project."
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