Presently, Zhongchun Oil Plant Co., Ltd has constructed a large-scale of energy produce base with the total investment of RMB48 billion, through making use of the patent technology of coal, electricity and oil in Baotou of Inner Mongolia. It's planned to establish an outdoor coalfield with the annual capability of 20 million tons, a power plant with the capability of 5, 600MW, a productive base for methanol clean fuels with the productivity of 12 million tons and a reservoir with the capacity 0.1
billion m3. On the basis of that, we can produce 80 million tons of M15 high clean gasoline and diesel oil or 20 million tons of M60 high clean gasoline and diesel oil by using our patent technology of methanol clean fuels.All these can basically meet the demand of Beijing and travel cities for the automobile liquid fuels. It will make great contribution to our successfully holding green Olympic Games realizing comfortable life and satisfying the demand of the environmental quality. This means that Zhongchun Oil Plant Co., Ltd. will make outstanding achievements on the development of our national clean energy resources. When the united project of coal, electricity, oil and water is fully invested, the annual production value will reach RMB32.4 billion, and the reduction of CO2 emission amount to at least 40 million tons each year.
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