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Shenhua's CTL plant begins Operation! First-hand updates from Top Company Representatives in 6th CTLtec Asia in Beijing.

Posted on : 06 Feb, 2009

CTL Plant, Inner Mongolia- Chinadaily.com

Shenhua Group, China’s largest coal producer, and key contributor at the 6^th CTLtec Asia conference announced on 5 Jan, that the world’s first Direct Coal to Liquids plant in Inner Mongolia started trial operation on 30 December.

 

The facility started to produce quality fuels and chemical products on the second trial day and according to Shenhua’s chairman Zhang Xiwu “the trial goes without any problems."

 

Despite fears that the project will be postponed to early 2009 due to various reasons, Shenhua successfully launched their trial operation as scheduled. The company has scheduled to do another trial in May after which production will be normalized.

 

Shenhua’s achievement sends out a strong message to the CTL sector, that Coal-to-Liquids are still viable. In fact, in an interview with China Daily, Shenhua Chairman went on the record to say, “At current prices, the project is still economically viable" questioning the popular belief that a CTL plant needs an oil price of $40 or more to be safe from financial risks.

 

In fact, Shenhua is so confident about CTL that they plan to add an additional TWO PRODUCTION LINES alongside the first one, which is worth 10 billion Yuan and has a production capacity of 1 million tons a year. According to Shenhua Chairman Zhang Xiwu, Shenhua will “expand the project's capacity to three million tons a year” and increase their investment to “30 billion Yuan”!

 

Shenhua’s message is echoed by the upcoming 6^th CTLtec Asia conference, which will be held on March 3-4, 2009 in Beijing, which maps the upcoming opportunities in the CTL sector in Asia. Shenhua is one of the key participating companies at this critical event.

 

Shenhua experts and key decision makers will share first-hand insights on the rewards and challenges of setting up and running a Coal-to-Liquids facility in China, with focus on Coal-to-Methanol production and Carbon Emissions Management for CTL projects.

 

Make sure you are at 6^th CTLtec Asia to get first hand insights from Shenhua representatives on the set up and running of this ground-breaking 10-billion-yuan direct CTL facility.

 

Visit http://www.futureenergyevents.com/ctltec/attend/register-for-ctltec-asia/ to confirm your team’s participation at 6^th CTLtec and be a part of Asia’s most established Coal to Liquids meet!