日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Foreign investors zero in on Chinese coal

(China Daily)
Updated: 2007-09-18 09:25

In view of its huge development potential, more and more foreign companies have been showing a keen interest in entering China's coal industry.

At the China (Taiyuan) International Coal & Energy New Industries Expo 2007, many foreign companies have showcased their projects or objectives in the nation.

Asian American Coal Inc (AACI), comprised of some US energy firms and financial institutions, has set up two joint ventures to develop Shanxi's coalmines.

In July, the Shanxi Provincial Coal Industry Bureau gave a production license to one of AACI's joint ventures, Shanxi Asian American-Daning Energy Co, to develop the Daning coalmine.

The production license will enable the joint venture to develop the mine, projected to have an annual production capacity of 4 million tons. Total investment in the project is US$230 million.

Michael Cosgrove, CEO of AACI, said the company received approval because of its expertise in the coal industry, as well as its longstanding interest in China's coal sector.

AACI has also set up another joint venture to develop the Gaohe coalmine in Shanxi with an investment of US$300 million. It expects to get a production license in 2009 for an annual output of 6 million tons, said Cosgrove.

Apart from the upstream coal production business, foreign companies have also shown interest in downstream works like the coal-to-chemical business. South Africa-based Sasol, a world leader in producing fuel from coal, has joined hands with Shenhua Group to set up two coal-to-oil plants using the former's technology.

The two coal liquefaction projects, one in Yulin in Northwest China's Shaanxi Province and another in Northwest China's Ningxia Hui Autonomous Region, will each produce 3.6 million tons of oil a year.

The total investment in the two projects will be between US$10 billion and US$14 billion. Construction will likely begin in 2013.

The technique of coal liquefaction has drawn increasing attention in recent years as international oil prices have shot up. The Shenhua project is thus of great importance to China both in terms of energy safety and economic development, according to Chen Liming, executive vice-president of Sasol China.

China's increased emphasis on energy conservation and environmental protection provides many foreign companies with the opportunity to bring their advanced technologies and solutions to the nation, said William Mark Hart, president of the Canada-based West Hawk, at the expo.


(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 免费毛片一级 | 亚洲天堂网在线观看 | 全球av在线 | 色区网站 | 超碰10000| 嘿嘿射在线 | 噜噜色av | 久久久影院 | 波多野结衣日韩 | 日韩网站视频 | 91国产精品 | 久久久久女教师免费一区 | 亚洲精品综合 | 好·色·先·生t∨ | 美女一二区 | 在线日韩欧美 | 国产做a视频 | 日本在线看片 | 天堂伊人网 | 亚洲高清资源 | 婷婷色中文网 | 欧美精品另类 | 99爱在线视频 | 国产三级精品三级观看 | 91小视频在线 | 色啪影院 | 999在线视频 | 中文字幕视频免费 | 男人的天堂av网站 | 三级黄色av | 一区二区三区视频观看 | 久久性av| 波多野结衣 久久 | 伊人青青青 | 精品久久久一区二区 | 久久综合精品视频 | 美女网站在线看 | 九九热精品视频在线 | 成人在线中文字幕 | 久久青 | 深夜视频在线观看 |