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The announcement stated that 400,000 tons of coal-to-methanol project will be used as the conversion project of the Hangqingqi West Energy Development Co., Ltd. Hongqingliang Coal Mine, in line with national and local industrial policies and company development strategy, reliable technology, mature technology, and a certain market prospects and profits The capability is conducive to accelerating the development and construction of the Hongqingliang Coal Mine.
The company signed an equity purchase agreement and invested 12 million yuan to acquire 95% equity of Guotai Trading held by Shanghai Huisheng Communication Technology Co., Ltd.; the investment estimate was 2.397 billion yuan, and a 400,000-ton/year coal-to-methanol project was built. The 400,000-ton/year coal-to-methanol project invested and constructed will be submitted to the next general meeting for deliberation.
Haohua Energy plans to build 400,000 tons of coal-made methanol project
Haohua Energy announced today that it has acquired a 95% stake in Ordos City Guotai Trade Co., Ltd. and invested 400,000 tons/year coal-to-methanol project.