article thumbnail

Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

million) convertible loan, subject to definitive transaction documentation and certain conditions. The remaining €30 million will be in the form of a convertible loan agreement in the amount of €30 million with a 6-month maturity, an interest rate of 7% per annum and a conversion price of €4.88

article thumbnail

Accelergy and Yankuang Group to conduct feasibility study for large-scale hybrid coal-to-liquids plant in China; targeting 68,000 barrels of fuel per day

Green Car Congress

The facility, located in Erdos in China’s Inner Mongolia Province, will utilize a hybrid configuration of Accelergy’s direct Micro-catalytic Coal Liquefaction (MCL) system (licensed from ExxonMobil Research and Engineering Company) and Yankuang’s proprietary Fischer-Tropsch indirect liquefaction. means of a catalyst and Fischer Tropsch (FT).

Coal 186