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Two leaders build energy Market Leadership with coal gasification Shenua Group (Shenua), from China, and GE, from USA, create the new GE Shenhua Gasification Technology Company Ltd., a 50-50 joint venture (JV) with Headquarter located in Shanghai, China. The firm will sell industrial gasification technology licenses in China, conduct research to improve cost and performance. The company has registered capital of $6 million. Patents and proceeds obtained by the joint venture will be shared evenly. The cooperation is also part of Sino-US joint efforts to develop clean energy, and gasification is a crucial component of that goal. China and USA hold respectively the first and second biggest […]

 Definition GTL is the acronym of Gas-To-Liquid and refers to the process to convert gas into liquid fuels such as diesel and fuels components such as very high added value synthetic greases and lubricants. Comments Historically the GTL process is based on the Fischer-Tropsch principle invented in 1920 to convert coal, gas or biomass into […]