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12-11-2006

Lurgi: Contracts from China for Coal Technology

Lurgi AG, Frankfurt am Main/Germany, received two contracts from China for the first commercial-scale plants based on its technology for the production of plastics from coal. The total capital investment amounts to more than one billion Euro per project, Lurgi’s contract value exceeds the 100 million Euro mark. The contractors are Datang International Power Generation Co. Ltd. and Shenhua Ningxia Coal Industry Group. Both projects comprise the technology license, engineering services as well as the supply of special equipment, they will produce around 500 000 tons of polypropylene per year from coal. The plants are due to go on stream in late 2008 and early 2009, respectively.

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