Shell Invests in Expanding Chinese Petrochemicals Business

Shell Invests in Expanding Chinese Petrochemicals Business

Shell is investing in the expansion of its joint-venture petrochemicals complex in China as the supermajor bets on continued petrochemicals demand in the world’s top crude oil importer. Shell said on Wednesday that CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd, had taken a final investment decision to expand its petrochemical complex in Daya Bay, Huizhou, …

CNOOC and Shell will invest in a third ethylene cracker in Daya Bay, China, producing 1.6 million tons of advanced chemicals annually for various industries. CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd, have approved the expansion of their petrochemical complex in Daya Bay, Huizhou, China. This project includes the installation of a third ethylene cracke…

CNOOC and CSPC jump into joint venture

CSPC, a Shell-CNOOC joint venture, has invested in a petrochemical complex expansion in China.

CSPC, a Shell-CNOOC joint venture, invests in petrochemical complex expansion in China - Worldstage

CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd, has taken a final investment decision to expand its petrochemical complex in Daya Bay, Huizhou, south China. The expansion will include a third ethylene cracker with a planned capacity of 1.6 million tonnes per year of ethylene, a key building block to make plastics, and associated downstream derivatives units…

CNOOC, Shell to Expand Petrochemical Complex in Huizhou, China

The expansion involves a third ethylene cracker with a planned capacity of 1.6 MMtpa and a new facility to produce 320,000 metric tons a year of high-perfo...