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Investment sought for coal methanol project in Daqing, Heilongjiang

BEIJING
2015-10-21 11:18

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The local government is looking for investment for a coal methanol project with output capacity of 1.8 mln tonnes/year in Daqing National New and Hi-tech Industrial Development District, Heilongjiang Province.

The project is expected to yield 8 billion yuan of revenue and 1.9 billion yuan of profit annually. The payback period of the investment will be 6.3 years.

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