MTO Project Cooperative Investment Agreement Signed
China Drying Network News On July 25, the Gaolan Port Economic Zone Administrative Committee of Zhuhai and Shanghai Biike Clean Energy Technology Co., Ltd. signed an MTO project cooperation and investment agreement. Shanghai Biike Clean Energy Technology Co., Ltd. is a Sino-foreign joint venture established by the Chinese Academy of Sciences and BP Group. It focuses on the integration and commercialization of clean energy technologies, and is used in the industrial production of fuels and chemicals. The company will invest in the upstream and downstream integration project with MTO (Methanol to Olefin) as the leading company in the Gaolan Port Economic Zone. The first phase will invest 3 billion yuan, the second phase will reinvest 3 billion yuan, and the total production scale will reach 1.2 million tons. Olefins.
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