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Following the initiative on accelerating the construction of YuLin heavy Chemical Industrial and energy base promoted by Local government of Shannxi province , Shaanxi Shenmu Chemical Industrial Co., Ltd., is founded by Shaanxi Qinlong electric Limited Company ,West Trust Investment Company, State Asserts Running Company of Shenmu County, Shaaxi Zhonglian Investment Co. Ltd., Xi’an Sea-Star Scien-tech Investment Holding(Group) Company and Shaaxi Huafu Science Industry and Trade Co., Ltd. The main product of this new company should be methanol transfered from coal. This new Company plan to produce 1200,000 ton methanol per year. The construction should divided into three stages: The first construction stage, aiming to produce 200,000 ton methanol per year, already began at March, 2003,and is scheduled to put into use in June 2005. Covering an area of 960 Mum, the company is located in jinjie Industry zone Shenfu Economy Develop Zone Yulin city, Shaanxi. The prepare work of construction a coal mine, a partner project to our coal-methanol-transfer project, has finished, and the construction work of the coal mine should begin soon. To produce methanol transfered from coal play a important role in the coal chemical industrial chain. Development coal-methanol- transfer has strategically meaning to optimize Chinese energy supply structure and to improve the capability of anti-crisis on energy supply. Thus, Our product has bright market future. Shaanxi Shenmu Chemical Industrial Co., Ltd should utilize deeply the unique advantage of rich ,cheap and high quality coal resource. We would adopt the advanced techniques and technology both home and abroad,do our best to lower cost, improve production capability, obtain larger market share, provide customer high quality product, deliver great return on the investment come from the investors.
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