Shen Hua Group Corporation Limited plans to put three liquefied coal projects into production in 2011 and 2012 with a capacity of producing 10 million tons of petroleum a year.
The three projects, in Yulin city of West China’s Shaanxi Province and two in Yinchuan, capital of northwestern Ningxia Hui Autonomous Region, will each be able [...]

China has raised the capital threshold for projects converting coal to liquid fuel to brake a possible overheating in the coal-chemical industry, as excessive development of the fossil fuel pollutes the environment and strains the water supply.
On July 7, the National Development and Reform Commission (NDRC), China’s industrial watchdog, issued a circular requiring local governments [...]