Co-operative Joint Venture Contract of SES – GCL (Inner Mongolia) Coal Chemical Co., Ltd. between Inner Mongolia Golden Concord (Xilinhot) Energy Investment Co., Ltd. and Synthesis Energy Systems Investments, Inc.Synthesis Energy Systems Inc • June 6th, 2007 • Miscellaneous products of petroleum & coal
The JV Company seeks, in the spirit of economic cooperation and technological exchange, to rely on the rich coal resources, good natural environment and amiable investment environment and favorable investment policy in Xilinhaote City, Inner Mongolia Autonomous Region and to benefit from favorable policies on comprehensive utilization of resources, low quality coal, and the development and application of clean coal technologies, all of which are highly encouraged by the Chinese government. The JV Company’s plant will use advanced equipment, technology and management systems to produce synthesis gas, methanol and Dimethyl Ether (“DME”) in an economical and environmentally friendly manner, and the JV Company shall seek a good economic return through competitive superiority on both quality and price.
