MEG and Carbon Fiber Projects Launched in Henan      

On November 17th, 2009 construction on the 200 000 t/a coal based MEG (monoethylene glycol) and 1 000 t/a carbon fiber projects was started in Shangqiu, Henan province.
  The RMB700 million MEG project, jointly built by Henan Coal Chemical Group Co., Ltd. and Tongliao Jinmei Chemical Co., Ltd., is a part of Longyu Coal Chemical phase II. After its completion, the sales revenue will be added by RMB1.2 billion a year.
  The carbon fiber project is jointly constructed by Henan Coal Chemical Group Co., Ltd. and the Institute of Coal Chemistry, CAS.
  With an investment of RMB740 million, the first phase of the carbon fiber project will produce 500 tons of high performance carbon fibers a year, and after completion of the first phase, the production value will be added by RMB310 million a year.