Ordos, Inner Mongolia — Shanghai Danmao Chemical Technology Center is in talks for a 200kT/year ethylene glycol project in Hanggin Banner, Ordos, Inner Mongolia, according to local government’s website.
With CNY1.4bn ($203m) investment earmarked, the project will be located in Hanggin Banner’s Duguitala Industrial Park, which also houses a 300kT/year ethylene glycol plant of Xinhang Technology.
Inner Mongolia’s coal miner Yitai Chemical will be Danmao’s supplier of steam and syngas. Set up last November, Danmao is a subsidiary of Shanghai-listed coal chemical firm Danhua Chemical Technology.
Exchange Rates: Xe.com 3 April, 2017
