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Global Energy partners with Shaanxi to generate diesel from tar oil

(27/03/2008)

Global Energy has announced that it has entered into a Memorandum of Understand (MOU) with ShenMu SanJiang Coal Chemical Company Ltd. (“Shaanxi”) located in the People’s Republic of China. Shaanxi is active in the field of converting charcoal to oil and blue coal by pyrolysis reaction (heating coal in an oxygen free atmosphere) in the People’s Republic of China. The Company produces approximately 200,000 tons of residual oil sludge per year. Global has certain rights to market and use tec... [more]

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