Lower oil prices have squeezed the profits of Chinese firms that turn coal into liquid fuel and chemicals that compete with crude oil-based products. Photo: Reuters

China coal-based fuel and chemicals plants retain appeal despite low oil prices

While margins at coal-to-liquid fuel and chemicals projects have been hit by crude's sharp slide, they remain viable if oil is above US$60 a barrel

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Lower oil prices have squeezed the profits of Chinese firms that turn coal into liquid fuel and chemicals that compete with crude oil-based products. Photo: Reuters
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