CO2-to-Methanol Project Begins Operations in China

Researched by Industrial Info Resources (Sugar Land, Texas)--Shenghong Petrochemical's innovative carbon-negative project, a 100,000-ton-per-year carbon dioxide (CO2) to methanol facility, began operations in Xuwei, in China's Jiangsu province. Shenghong Petrochemical is a subsidiary of state-owned Shenghong Group Company Limited.

Carbon-negative means that the amount of CO2 emitted during production is less than the amount produced. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases can read a detailed project report and plant profile.

Industrial Info is tracking more than 40 active projects from Shenghong Group Company Limited, valued at nearly US$11 billion, across China's Chemical Processing Industry. These projects are concentrated in Jiangsu and Hubei provinces. Subscribers can click here for a list of detailed project reports and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).