New Oriental Delays Methanol/DME Plant

China-based New Oriental Energy & Chemical announced on February 16 it will delay opening of a new plant that would produce methanol and dimethyl ether (DME) because of weak prices in the markets. DME has been proposed as a "clean" diesel fuel substitute in specially-equipped diesel en...

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Bibliographic Details
Published in:Global refining & fuels report 2010-02, Vol.14 (4), p.19-19
Main Author: Peckham, Jack
Format: Article
Language:English
Subjects:
Coal liquefaction
Delay
Diesel fuels
Dimethyl ether
Equipment costs
Fuels
Methyl alcohol
Terminals
Online Access:Get full text
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Summary:China-based New Oriental Energy & Chemical announced on February 16 it will delay opening of a new plant that would produce methanol and dimethyl ether (DME) because of weak prices in the markets. DME has been proposed as a "clean" diesel fuel substitute in specially-equipped diesel engines. DME fuel distribution would require installation of dedicated terminals, delivery trucks and retail dispensing equipment similar to that used for LP-Gas, since DME can't practically be blended with ordinary diesel fuel. The coal-to-liquids specialist company also reported a net loss of US$1.6 million for its fiscal 2010 third quarter, an improvement over a $2.1 million loss in fiscal third-quarter 2009.
ISSN:1940-5162
1940-5170