Erdos project launched
The Zhongtian Hechuang Energy Company, jointly funded by China Coal Energy Company Limited, Sinopec Company Limited, Shenenergy Group and Inner Mongolia Manshi Coal Group Co. Ltd., was formally established, signaling the implementation stage of the Erdos dimethyl ether (DME) project, China’s largest coal-to-DME project. The project will involve a total investment of 43 billion yuan (US$5.7 billion). (October 15, 2007)