Green Car Congress
MAY 3, 2011
million) convertible loan, subject to definitive transaction documentation and certain conditions. As a part of the transaction Hawtai will invest€120 million for up to a maximum of a 29.9% Spyker will enter into a subscription agreement with Hawtai in the total amount of €120 million (US$178 million) for in aggregate 24.6
Green Car Congress
JUNE 30, 2009
The project is ultimately expected to convert approximately 3 million tons of coal annually to produce an output of 80,000 barrels of oil products daily. The plant is part of Shenhua’s reported plans to spend $58 billion over the next 10 years developing coal liquefaction facilities.
Green Car Congress
SEPTEMBER 6, 2009
The company is committed to a long-term program to convert its huge lignite holdings into liquid products such as gasoline and methanol, as well as industrial nitrogen, hydrogen, and carbon dioxide. This is currently one of the world’s largest coal liquids producers with a capacity of 1 million tonnes of liquids per year.
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