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LONG TERM INVESTMENT
6 Months Ended
Jun. 30, 2013
Long-term Investments [Abstract]  
LONG TERM INVESTMENT
10. LONG TERM INVESTMENT
 
On June 25, 2013 the Company with Hongyuan Huifu Venture Capital Co. Ltd (“Hongyuan Huifu”) jointly established Hongyuan Recycling Energy Investment Management Co., Ltd (“Hongyuan Management”) with registered capital of RMB 10 million ($1.6 million), to manage a fund that will be used for financing a coke dry quenching (“CDQ”) waste heat power generation project. As of June 30, 2013, the Company has invested $0.65 million (RMB 4 million) for 40% ownership of Hongyuan Management. The Company and Hongyuan Huifu are currently in the process of drafting the financing terms.