December 12, 2013 - Beijing Booming HighChem Technology Co., Ltd. and Yangquan Coal Industry Group Shouyang Chemical Co., Ltd. signed the 200,000t CTEG industrial technology licensing agreement which is the first phase of the 400,000t ethylene glycol project.
Beijing Booming HighChem Technology Co., Ltd. (Booming HighChem) permits Yangquan Coal Industry Group Shouyang Chemical Co., Ltd. (Shouyang Chemical) to use the Coal-to-ethylene Glycol (CTEG) technology. Shouyang Chemical’s 400,000 tons/year glycol project will use CTEG technology in its first phase 200,000 tons / year plant. According to the licensing agreement, Booming HighChem will also provide technology packages and professional engineering services to the Shouyang Chemical.
Mr. Gao Lei , General Manager of Booming HighChem, said " our CTEG technology takes a leading position in China. The industrial facilities are running smoothly. We are very glad to provide design and technical support for Shouyang Chemical’s project."