Shenhua Group Completes Construction of Coal Liquefaction Line
Shenhua Group Completes Construction of Coal Liquefaction Line
BEIJING--July 1, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--China's coal production giant, Shenhua Group Corporation Limited (Beijing), announced that it has completed construction of its first coal liquefaction line. The production line was designed with a capacity to produce 1.08 million tons of oil per year from 3.45 million tons of coal and is expected to begin industrial operation in September. Shenhua wants to invest $34.8 billion to form an annual coal liquefaction capacity of 5 million tons before 2009 and 30 million tons before 2020.
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