Chinese coal giant Yangkuang Group announced on Friday successful test run of its first coal-to-oil project, a coal indirect liquefaction facility in northwest China's Shaanxi province.
The facility, which produces high-quality oil products conforming to Euro V fuel standards, is designed to transform 5 million tonnes of coal to 1.15 million tonnes of oil and chemical products annually at full capacity, including 790,000 tonnes of diesel and 250,000 tonnes of naphtha.
Construction of the facility started in June 2012, with an investment of around 16.4 billion yuan. Yankuang Group plans to build another coal liquefaction unit in Shaanxi during the 13th Five-year Plan period (2016-2020), which is designed with an annual capacity of 4 million tonnes.
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