China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
American power generator Southern Co has announced that China will be the site for the first worldwide commercial implementation of the Transport Integrated Gasification (TRIGTM) technology for producing low-emission coal-based electricity. TRIG is an advanced integrated gasification combined cycle (IGCC) technology that produces electricity with lower emissions than traditional coal power plants. It also is compatible with lower rank coals that are abundant in China. (more…)