Document:

CONFIDENTIAL
      INFORMATION OMITTED AND FILED
      SEPARATELY

    WITH
      THE SECURITIES AND EXCHANGE
      COMMISSION

    ASTERISKS
      (*****) DENOTE SUCH
      OMISSION

    Exhibit
      10.8

    Agreement

    

    Party
      A:
      Henan Jinding Chemical Industry Co., Ltd.

    Party
      B:
      Sichuan Tianyi Science & Technologies Co., Ltd.

    

    Through
      friendly negotiations, both parties herewith have agreed to enter into this
      “Technology
      Transfer Agreement on 100kt/a Equipment for Making DME by Catalytic Dehydration
      of Methanol in Gas Phase”
      (hereafter as the Contract) in Chengdu on June 30th,
      2006.
      In order to further encourage Party B to accomplish the project of engineering
      design with guaranteed quality on exact schedule, following agreement has been
      formed after mutual discussion:

    

    
      	1)  	
              Party
                A shall separately pay Party B RMB ***** (RMB *****) as the
                expediting charge incurred.

            

    

    
      	 	 

    

    
      	2)  	
              The
                payment under this Agreement shall be as the
                following:

            

    

     

    Within
      the seven days once the Agreement has been effected, Party A shall initially
      clear the payment of RMB ***** to Party B; while the other RMB *****
      shall be paid to Party B with the seven days before the whole set of
      constructional design files have been delivered. 

     

    
      	3)  	
              This
                agreement is considered as one part of the Contract and the rights
                and
                liabilities under the Contract shall apply to the Agreement as
                well.

            

    

    
      	 	 

    

    
      	4)  	
              The
                Agreement shall be effected once signed and sealed by the legal
                representatives or the authorized persons of both
                parties.

            

    

    
      	 	 

    

    
      	5)  	
              The
                Agreement is in duplicate with either party holds one
                copy.

            

    

     

    Party
      A:
      Henan Jinding Chemical Industry Co., Ltd. (Sealed)

    Legal
      Representative (or authorized person):   
      Zhou Dianchang

     

    Party
      B:
      Sichuan Tianyi Science & Technologies Co., Ltd. (Sealed)

    Legal
      Representative (or authorized person):   Huang
      Weizhu

    

    Date:
      July 18th,
      2006CONFIDENTIAL
        INFORMATION OMITTED AND FILED
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        COMMISSION

      ASTERISKS
        (*****) DENOTE SUCH
        OMISSION

      Exhibit
        10.9

    

     

    Registered
      Number of the Contract:

    

    Contract
      for Technology
      Transfer

    

    Name
      of
      Project: Equipment
      for Making 100kt/a DME by Catalytic Dehydration
      of Methanol
      in Gas Phase 

    

    Entrusting
      Party: Henan
      Jinding Chemical Industry Co., Ltd. 

    (Party
      A)

     

    Contractor:
      SiChuan TianYi Science & Technology Co., Ltd. 

    (Party
      B)

    

    Place
      of
      contract: Chengdu City of Si Chuan Province, Luoshan of He Nan Province

    Contract
      Date: June 30, 2006

    

    Contract
      period: From June 30, 2006 to June 30, 2008

     

    Manufactured
      by the Supervision of National Committee of Science and
      Technology

    
      
        
        

      

      
        1

        
          

        

      

      
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    Entrusting
      Party (Party A): He Nan Jin Ding Chemical Industry Limited Company 

    

    Contractor
      (Party B): Si Chuan Tian Yi Technology Incorporated Company 

    

    Party
      A
      entrusts Party B to undertake transferring and designing the technology of
      “Equipment for Making 100kt/a DME by Catalytic Dehydration of Methanol in Gas
      Phase”. By the agreement of the two parties through friendly negotiation, this
      contract is formed. 

    

    Article
      1
      This contract is constructed according to the documents below: 

     

    
      	1.1 	
              Contract
                Law of People’s Republic of China
                and Regulations
                for Reconnoitering and Designing of the Building
                Contract.

            

    

    
      	 	 

      	1.2  	
              National
                and regional law and regulations relating to the supervision of
                reconnoitering and designing of
                construction.

            

      	 	 

    

    
      	1.3  	
              Authorized
                files of construction.

            

    

    

    Article
      2
      Name of project, scale of the device and division section

     

    2.1
      Name
      of project: The device of making DME
      by
      formaldehyde vapor catalyzing dehydration.

     

    2.2
      Scale
      of
      the device: 100kt/a DME
      for
      fuel (Pure degree≥99.0%)

     

    2.3
      Standard of the product: DME
      for
      fuel, Pure
      degree≥99.0%

     

    2.4
      Division section: see Annex I

    

    Article
      3
      Party A should provide Party B with foundational data and documents as
      follow:

     

    The
      foundational data and documents that should be provided by Party A to Party
      B is
      shown in Annex II.

    

    Article
      4
      Schedule of Process: (See Annex III)

     

    4.1
      Date
      of execution of the contract: This contract becomes effective as soon as
      signature and seal are done by both parties.

     

    4.2
      After
      the date that this contract becomes effective, Party A should provide Party
      B
      with the foundational data and documents mentioned in Article 3 in five
      days.

     

    4.3
      After
      the receiving of both advance payment and foundational data and documents
      mentioned in Article3 from Party A, Party B should finish all the design of
      the
      project (the design shown in the shop drawing) in four months.

    

    Article5
      Contact fee and the method of payment

     

    5.1
      Contact fee: The total fee of the contract is RMB *****, which including the
      charge for the usage of know-how: RMB *****, and the charge of building design:
      RMB *****.

     

    5.2
      Method of payment of the contract fee: 

     

    5.2.1
      After signature and seal by both parties, Party A should pay Party B the sum
      of ***** of the total contract fee, that is RMB *****, in 5days as advance
      payment (After this contract is fulfilled, advance payment is regarded as
      contract fee).

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
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    5.2.2
      While Party B provides Party A with shop drawing of the device, Party A should
      pay Party B the sum of ***** of the total contract fee, that is
      RMB *****, at the same time. Party A will draw the design papers against
      bank bill or bank bill by four-parties which is valid.

     

    5.2.3
      While Party B provides Party A with shop drawing of construction, .Party A
      should pay Party B the sum of ***** of the total contract fee, that is RMB
      *****, at the same time. Party A will draw the design papers against bank bill
      or valid bank remittance by Party A.

     

    5.2.4
      While Party B provides Party A with all shop drawing, Party A should pay Party
      B
      the sum of ***** of total contract fee, that is RMB *****. Party A will
      draw the design papers against bank bill or valid bank remittance by Party
      A.

     

    5.2.5
      After reception test, Party A should pay Party B the rest of total contract
      fee,
      that is RMB *****, in 10 days.

     

    Article
      6
      Check and acceptance of the device:

     

    6.1
      Assessment index: see Annex IV

     

    6.2
      Assessment method: In condition that raw materials, water, electronic, gas
      and
      other building conditions are supplied in normal, the device keep running more
      than 72 hours, and its output, quality, carbinol and its expenditure meet the
      level of relating index (see Annex 4),
      and in
      this case the device is qualified and both parties should sign and seal in
      the
      check and acceptance certificate.

     

    6.3
      In
      case that more than 1 month after running-in the device, there is no check
      and
      acceptance occurred out of reason by Party A, it is regarded that the device
      is
      qualified in the test.

    

    Article
      7
      duties of the two parties

     

    7.1
      duties of party A

     

    7.1.1
      According to Article 3, party A should provide party B with the basic materials
      and documents in the specified time and take the responsibility of their
      accuracy and time limit.

     

    If
      party
      A delays providing party B with the basic materials and documents, Party B
      can
      postpone the project according to the time schedule of the project in Article
      4
      of the contract If party A delays providing for more than 15 days, party B
      has
      right to rearrange the schedule of the project.

     

    7.1.2
      If
      it its because Party A changes the commissioned project, the size of the
      equipments, conditions of design or provides inaccurate materials or modifies
      the materials significantly, that party B has to redo the work, after mutual
      agreement both sides should sign an additional contract (or another contract)
      and redefine the related Articles. In addition, Party A should pay the cost
      of
      party B for redoing of the work according to the actual workload of party B
      after mutual agreement. (If the changes can be solved through fax, party B
      will
      not charge party A)

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
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    7.1.3
      After party B provides party A with all the documents of the construction design
      drawings, party A should construct and begin the trial run of the equipments
      within six months. If party A exceeds the time limit, the trial run of the
      equipments should be arranged on the mutually agreed time. If it is because
      of
      party A that party B has to do the trial run of the equipments again, for the
      second time, party A should notify party B in writing before the trial run
      of
      the equipments and pay for the travel, accommodation and transport of the
      personnel sent for the test by party B. 

     

    7.1.4
      Party A should provide the personnel on spot office, accommodation and transport
      free of charge.

     

    7.1.5
      During the implementation of the contract, if party A asks to terminate or
      cancel the contract, party B will not refund what party has paid. In addition,
      party A should pay party B according to the actual workload of Party B. If
      party
      B finishes less than half of the work of a stage, party A should pay party
      B
      half of the fees of the stage. If party B finishes more than half of the work
      of
      a stage, party A should pay party B all the fees of the stage.

     

    7.1.6
      Party A should pay party B within the time limit according to Article 5 of
      the
      contract If the payment of Party A exceeds the time limit , party A should
      pay
      part B ***** of the overdue payment for every day. At the same time, party
      B can postpone the project according to schedule written in item 4 of the
      contract If party A delays payment for 15 days, party B has right suspend the
      work in the next stage. When doing this Party B should notify Party B in
      writing.

     

    7.1.7
      Party A should keep secret the documents and materials provided by party B.
      Without Party B’s written agreement, whatever reason it has, party A should not
      photocopy or provide the third party with them or use them for another project.
      Otherwise, party B has right to ask for claim.

     

    Duties
      of
      party B

     

    7.2.1
      please refer to attachment 5 for the content of party B’s work.

     

    7.2.2
      please refer to attachment six for the list of the design document provided
      by
      party B

     

    7.2.3
      If
      there are any incompleteness or the mistakes in the design document, party
      B
      should be responsible for the modification or complementation of the design
      document. If party’s wrong design causes the poor quality of the project and
      party A therefore suffers a loss, Party B should take remedial measures, and
      should not ask for the design fees of the part which cause Party A’ loss. In
      addition, party B should compensate for the actual loss of party A, and party
      A
      can ask for compensation of damages according to the related laws of
      China.

     

    7.2.4
      If
      party B causes the delay of provision of design document under the contract,
      party B should reduce by ***** of the fees of the delayed part of the
      design for each day. If the delay exceeds 15 days, after mutual agreement,
      they
      can sign an additional agreement. However, party A has the right to claim for
      compensation.

     

    7.2.5
      When the contract is in force, if party B ask for the termination or
      cancellation of the contract, party B should return the fees party A has paid,
      and compensate party’ loss according to the lending rate during the
      contract.

     

    7.2.6
      If
      it is because of party B’s fault that the trial run does not pass for the first
      time, party B should modify and improve the design free of charge (the time
      should not exceed one month). If the second check still does not pass, party
      B
      should not only continue modifying and improving the design, but also should
      compensate party according to the related laws of China.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
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    7.2.7
      The
      technology service on spot of party B will not exceed 60 days (including the
      delivery of design and so on). If it is because of party A that the technology
      service on spot exceed the time limit, party should pay the fees for the travel,
      accommodation and transport of party B. 

     

    7.2.8 Party
      B should not transfer the technology of the production of DME to any company
      or
      individual in Xinyang city.

     

    7.2.9
      Party B should keep secret the documents and materials provided by party A.
      without Party A’s written agreement, whatever reason it has, party B should not
      photocopy or provide the third party with them or use them for another project.
      Otherwise, party A has right to ask for claim.

     

    Article
      8
      belonging of the fruits

     

    8.1
      The
      property right of the technology and fruits belong to party B. Party A is
      allowed to build only one set of equipment ( the equipment under the contract)
      in its related company according to the technological materials provided by
      party B. Party A is not allowed to copy and transfer the technology to any
      third
      party. Otherwise, party A will break the contract.

     

    8.2
      The
      technological changes made by party A after production practice belong to party
      A.

     

    Item
      9
      others

     

    9.1
      If
      party A asks party B for extra work and service, which is not written in the
      contract, party A should pay extra fees to party B.

     

    9.2
      If
      there is force majeure preventing the contract from being carried out, both
      sides should negotiate with each other.

     

    9.3
      If
      there is any dissension during the implementation of the contract, both sides
      should negotiate in time. If after negotiation, both sides still can not reach
      an agreement, if they agree on judicial arbitration, they can go to the court
      where the contract is signed.

     

    9.4
      For
      the unexhausted matters, both sides can sign an additional agreement as an
      attachment. The additional agreement has the same legal force as the
      contract.

     

    9.5
      The
      contract is in octuplicate with each party having quadruplicate.

     

    9.6
      Both
      sides’ fulfillment of their duties under the contract will terminate contract.
      However, item 7.1.7and 7.2.9 will still be in force.

     

    9.7
      attachments 1 to attachment 6 are indispensable part of the contract, and they
      have the same legal force as the contract. 

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

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    Appendix
      1:

    Boundary
      division

    

    *****

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
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    Appendix
      2: 

     

    The
      basic
      datum and documents submitted by party A to party B

    

    1.
      Project establishment and approval by related higher departments.

    

    2.
      Geographical map of plan to build field (include coordinate system, elevation
      system and wind rose map), site drawing of plan to build field.

    

    3.
      Available quantity and supply way of existed fresh water, electricity, soft
      water, instrument air and natural gas, and other public works inside the
      construction site.

    

    4.
      Basic
      materials of local hydrology, weather, topography, geology, communications
      and
      transportation, situations of plant area and surrounding regions, environmental
      protection, water source, flood discharge, power supply, telecommunications,
      and
      so on.

     

    5.
      Present situations of local fire fighting device.

    

    6.
      Drilling datum of plan to build field.

     

    7.
      Qualification requirements of office buildings, control room, and so
      on.

     

    Appendix
      3:

    Scheduling

    

    
      	1.  	
              Party
                A should submit basic datum and documents to party B 5 days after
                the
                effective date of the contract. (see appendix
                2);

            

    

    

    
      	2.  	
              Party
                B should supply ordering list of prototype equipments within 15 days
                after
                the effective date of the contract and after receiving the advanced
                payment of party A. Within 15 days after party B received the ordering
                list of prototype equipments from party A, party B should return
                related
                datum of prototype equipments;

            

    

    

    
      	3.  	
              Party
                B should supply construction drawing documents of non-labeled facilities
                of the equipment within 30 days after the effective date of the contract.
                (Supply facility condition drawing of dimethyl ether spherical tank
                with a
                volume of 2000 cubic meters).

            

    

    

    
      	4.  	
              Party
                B should supply drawing papers of civil engineering construction
                drawing
                40 days after the effective date of the contract and after party
                A
                received the detailed reconnaissance datum (without affect
                construction).

            

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
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      	5.  	
              Party
                B should supply all other project design documents except the above
                one
                120 days after the effective date of the
                contract.

            

    

     

    Appendix
      4:

    Equipment
      and indexes of evaluation, check and acceptance

    

    
      	1.  	
              Measures
                of evaluation, check and acceptance

            

    

    

    
      	1.1  	
              Trial
                production of equipment feeding. With the agreement of both parties,
                it
                can be switched into equipment evaluation after two days of continuous
                steady operation. 

            

    

    

    
      	1.2  	
              Party
                A is responsible for the work of evaluation, check and acceptance,
                and is
                responsible for the organization and execution. Evaluations scheme
                should
                be formulated by two parties together. Party B is responsible for
                technical guidance and sending personnel to attend the work of evaluation,
                check and acceptance.

            

    

    

    
      	1.3  	
              The
                measuring device, calculation model, analysis method, and analytical
                apparatus used in evaluation should be approved by two parties.
                

            

    

    

    
      	1.4  	
              The
                evaluation contents of equipments include product quantity, product
                quality, raw material, and the consumption of public works.
                

            

    

    

    
      	1.5  	
              The
                time of equipment evaluation is 72 hours of continuous running. During
                the
                period of evaluation, sampling and analysis times should not be less
                than
                12.

            

    

    

    
      	1.6  	
              If
                all the evaluation indexes of the equipment meet the requirements
                after
                evaluation, it can be considered as qualified. Both parties should
                sign on
                the evaluation, check and acceptance book. The evaluation, check
                and
                acceptance of the equipment are
                completed.

            

    

    

    
      	1.7  	
              Party
                A and party B should transact check and acceptance procedure together
                2
                days after the completion of the equipment
                evaluation.

            

    

    

    
      	2.  	
              Evaluation
                indexes

            

    

    

    
      	2.1  	
              Product
                quantity and operating time

            

    

    

    The
      equipment production volume of dimethyl ether is 00kt/a.

    

    The
      operating time is counted in 8,000 hours per year.

    

    
      
        
        

      

      
        8

        
          

        

      

      
        
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    Operating
      elasticity of equipment: 50~110%

    

    2.2
      Product specifications

    

    2.2.1
      Product specifications

    

    (1)
      State
      of the product: liquefied gas; Pressure: 0.2-0.9 Mpa(G)

    (2)
      Temperature of the product: 5-40°C

    (3)
      Composition of the product

    Fuel
      level (purity≥99.0%);

    

    
      	2.3  	
              Consumption
                of raw materials and public works (in per ton fuel level of dimethyl
                ether)

            

    

    

    
      	a)  	
              Methyl
                ether: ≤1.4 It (purity discount) 

            

    

    
      	b)  	
              Electricity:
                ≤10kwh (not include the electricity consumption of illumination and
                public
                works inside the boundary);

            

    

    
      	c)  	
              Vapor:
                ≤1.5t

            

    

     

    Appendix
      5:

    Working
      contents of party B

    

    
      	1.  	
              Attend
                the design and audit meeting of party A, answer questions related
                to
                design and technique.

            

    

    

    
      	2.  	
              Responsible
                for the design hand-over to construction and installation
                units;

            

    

     

    
      	3.  	
              Responsible
                for on-site service of construction technique, handle problems related
                to
                design techniques; 

            

    

    

    
      	4.  	
              Responsible
                for the service of on-site power-on and evaluation, check and
                acceptance;

            

    

     

    
      	5.  	
              Provide
                60 personnel per day for the site of party A, and these personnel
                should
                be in the profession of technology, facility, automatic control,
                electric,
                and others; 

            

    

     

    
      	6.  	
              On-site
                training the equipment technology, analysis, and other aspects operating
                personnel free of charge for party A. These personnel can be employed
                by
                party A after they qualified the training
                evaluation.

            

    

     

    
      	7.  	
              Compile
                related safety specifications, using and operating manuals for party
                A.

            

    

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
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    Appendix
      6:

    

    The
      datum
      detailed list of design document submitted by party B to party A

    

    
      	1.  	
              Construction
                drawing design document within the boundary, in
                octuplicate;

            

    

    
      	2.  	
              Operating
                principle of technology, in
                octuplicate;

            

    

    
      	3.  	
              Safety
                regulation, in octuplicate;

            

    

    
      	4.  	
              Analysis
                regulation, in octuplicate.

            

    

     

    
      
        	
                Transferee
                  (party A)

              	
                Title
                  (or name) 

              	
                /s/
                  Henan Jinding chemical Industry Co, Ltd.

              
	
                Legal
                  (commission) representative

              	 	
                Signing
                  date

              	 
	
                Contract
                  person

              	 	
                Signing
                  date

              	 
	
                Residence
                  (communication address)

              	 	 
	
                Telephone

              	 	
                Fax
                  

              	 
	
                Bank
                  of deposit

              	 	 
	
                Accounting
                  number

              	 	
                Mail
                  code

              	 
	 	 	 	 
	
                Transferor
                  

                (party
                  B)

              	
                Title
                  (or name) 

              	
                /s/
                  Sichuan Tianyi Science and Technology Co., Ltd.

              
	
                Legal
                  (commission) representative

              	 	
                Signing
                  date

              	 
	
                Contract
                  person

              	 	
                Signing
                  date

              	 
	
                Residence
                  (communication address)

              	
                No.
                  445 mailbox, Airport, South Airport Road, outside Chengdu City,
                  Sichuan
                  province 

              
	
                Telephone

              	
                028-85960028 

              	
                Fax

              	 
	
                Bank
                  of deposit

              	
                Suboffice
                  of Industrial and Commercial Bank in Gaozhiyongfeng Road,
                  Chengdu

              
	
                Accounting
                  number

              	 	
                Mail
                  code

              	
                610225

              

      

    

     

    
      
        
        

      

      
        10

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