Heilongjiang manufactures alcohol-based fuels that are approximately 85% alcohol and 15% gasoline or diesel, which can achieve high heat value and low-carbon emissions effect. This product has been awarded a national patent in China, and the company’s fuel blending technology has gained the State Development and Reform Commission acknowledgement.
The Tieling industry zone is an area of approximately 38.33sqkm. American Jianye has control over approximately 80,000sqmt, with 4,000sqmt dedicated for a vehicle conversion and a restructuring factory and 10,000sqmt for an automobile clean fuel and civil use clean fuel blending and production facility. The clean fuels facility will have the capacity to produce 200,000 tons of blended fuels each year, yielding approximately $100 net per ton.
Haipeng Wang, president of American Jianye, said: “From this base of operations, the company will not only be able to produce a competitive and diversified product line, but we’ll also gain entry into central, eastern and southern China markets through the Yingkou and Qinhuangdao Ports. We intend to grow our business, in the coming months and years, by expanding the business scope and scale to include other diversified and specialized products.”
