BEIJING, Aug. 25 — A groundbreaking experiment is expected to help China cut down on energy consumption and reduce its reliance on oil.

The nation now has plans to industrialize its homegrown coal-to-petrochemicals technology after the success of a project using the world’s first 10,000-ton DMTO (dimethyl ether/methanol-to-olefin) industrialization equipment.

DMTO is a technology that uses coal or natural gas as a substitute for crude oil to produce olefin produces, such as ethylene and propylene.

Sources said there is already a lot of interest in the technology from firms both in China and abroad.

Full Story: New Tech May Reduce Oil Use in China