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Everyone says you only fall in love once but thats not true, everytime I hear your voice I fall in love all over again Your position:Home->china news-> Ordos to Become China's Largest Methanol Production Base The city of Currently, six methanol projects are being built in A million-ton-a-year project, being built by Inner Mongolia Boyuan United Chemical Co. Ltd., will go into production at the end of this year. The other five will be completed by 2010, bringing the city's annual methanol output to 10 million tons. The largest project in the area will have a capacity of 4.2 million tons. It is being built by the China National Coal Group Corp., China Petroleum and Chemical Corp., China Yintai Investment Corp. and two other companies. Currently, the country's largest methanol unit, located in southern Hainan Province and owned by China National Offshore Oil Corp., started operation on Sept. 12, 2006 and is capable of producing 600,000 tons of methanol a year, said the report. Ordos has become the home of many methanol projects because the city has rich coal and natural gas resources, which are essential for methanol production, the report quoted an unnamed analyst as saying. Proven coal reserves around Ordos are estimated at 149.6 billion tons, making up half of Rising international oil prices have created a huge market potential for developing methanol and other clean alternatives, said the analyst. The domestic price of methanol has soared to 3,000 yuan (US$384.62) a ton as During the past two years, 54 methanol companies went into production, with a total capacity of 8.44 million tons a year. (Xinhua News Agency March 8, 2007)
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