Geely to invest USD 45.5 million for methanol production in Iceland  [ Iceland ] [ China ]

Zhejiang Geely (Geely Group) has announced on July 3 its plans to invest USD 45.5m in Carbon Recycling International (CRI), an Iceland-based company specializing in the production of renewable CO2-methanol fuel.The investment consists of an initial investment and additional purchases of CRI equity over a three-year period.Geely Group will be a major shareholder of CRI and represented on the com...
<Jul 08, 2015>