Shenhua Coal-To-Fuels Output May Quadruple by 2015
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Shenhua Group Corp., China’s sole producer of fuels from coal, may more than quadruple output to 3 million metric tons annually by 2015 compared with this year to help meet demand from the world’s fastest-growing major economy.
Coal-to-fuel production may increase to 11 million tons a year by 2020, Gu Dazhao, head of Shenhua Group’s science and technology development department, said at a conference in Beijing today. Output may reach 649,000 tons this year, data on the company’s website show.