21-05-08 Recently, Guangzhou Development Industry (Holdings) announced that its wholly-owned subsidiary, Guangzhou Development Natural gas Investment and holding subsidiary, BP Guangzhou Development Oil Product, are planning to invest yuan 837 mm in jointly establishing of Guangzhou Nansha Development Substitute Gas Co.
It is Guangzhou Nansha Development Substitute Gas Co that will invest a 1-mm tpy DME Project in Nansha, Guangzhou. The project has been approved to be initiated, with initial capacity of 200,000 tpy.