# Air Products and Debang Group form syngas project joint venture in China

Air Products and Debang Group's subsidiary Debang Xinghua Technology Co. have formed a joint venture to build, own and operate a coal-to-syngas processing plant in Lianyungang, China, with Air Products owning 80% and investing nearly $250 million.

- Type: Partnership
- Announced: 2019-09-10
- Where: Xuwei National Petrochemical Park, Lianyungang City, Jiangsu Province, China
- Value: $250.0M
- Status: announced
- Products: syngas
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Air Products and Chemicals](https://endata.com/companies/42030.md) (partner)
- [Debang Xinghua Technology Co.](https://endata.com/companies/42031.md) (partner)

## Sources

- [investing.com](https://www.investing.com/analysis/air-products--debang-group-form-syngas-project-jv-in-china-200463679), 2019-09-11: "The JV will build, own and operate a coal-to-syngas processing plant in Xuwei National Petrochemical Park"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.