Here’s an interesting piece of development in the Philippine Energy Sector. A local company, H&WB Corp, has hired an agent in the US for placement of its $2.8-billion proposed coal liquefaction plant. So far they have garnered about $33 M already for the project. Coal liquefaction is the process of converting coal, via Fischer-Tropsch Method, to other fossil based forms of fuel (gasoline, diesel etc).
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