Xinao Joins Hands with IFC in Coal to DME

摘要

On August 2nd,2006,the Xinao Group and the International Finance Corporation(IFC)signed a financing package,for the conversion of coal into an environmental friendly fuel that can be used for household cooking and heating or replace diesel as a fuel for transportation and power generation.The coal-to-chemical technology used by the Xinao Group will help to improve indoor air quality by replacing the burning of raw coal and wood in stoves.