15-01-2025
Shell-CNOOC JV to expand its petrochemical complex in China
CNOOC and Shell Petrochemicals Company Limited, 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 producing chemicals including linear alpha olefins.
This investment also includes a new facility which will produce 320,000 tonnes per year of high-performance specialty chemicals, such as polycarbonates and carbonate solvents, critical for everyday life.
Linear alpha olefins are used to produce detergent alcohol and synthetic lubricants base oil. Polycarbonates make impact-resistant plastics that can replace carbon-intensive steel, whilst carbonate solvents are used in lithium-ion batteries and are essential for the electric vehicles sector as well as energy storage.
The new facilities, primarily aimed at meeting domestic demand in China, will produce a range of chemicals that are widely used in the agriculture, industrial, construction, healthcare and consumer goods sectors.
This investment will contribute to CSPC’s competitiveness by extending its value chains, drive further integration with the existing site, and enable greater innovation capability to meet customer demand in the fast-growing Chinese market.
“For more than two decades, CSPC has provided high value products to the market, becoming one of the largest petrochemical joint ventures in China.” said Huibert Vigeveno, Shell’s Downstream, Renewables and Energy Solutions Director.
“This new investment is a key enabler to realise CSPC’s transformation strategy towards more premium and highly differentiated chemical products. It is consistent with Shell Chemicals & Products strategy to pursue targeted growth at advantaged locations. It also demonstrates our strong partnership with CNOOC.”
The expansion is expected to be completed in 2028.
News Category:
-
Maximizing Performance in Oil & Gas with Real-Time Analytics
(Webinar) - In an industry shaped by fluctuating market conditions and tight operational margins, oil & gas producers are increasingly relying on data-driven strategies ...
11-06-2025
-
Unlocking the potential of waste for advanced conversion pathways
(Webinar) - This session offers a detailed exploration of HTW® gasification technology, a proven solution for converting diverse feedstocks into clean syngas, which ...
05-06-2025
-
Univation Technologies announces the next-generation of the UNIPOL™ PE process platform
Univation Technologies, LLC announces the next-generation of the UNIPOL™ PE Process platform with its newest world-scale licensed capacity offering of an 800,000 tonnes ...
12-05-2025
-
thyssenkrupp Uhde successfully commissions EnviNOx® emission reduction system
thyssenkrupp Uhde is proud to announce the successful commissioning of its EnviNOx® system for Covestro Polymers (China) Co. Ltd. at their nitric acid plant in Shanghai ...
12-05-2025
-
Petrovietnam expanding partnerships in the energy sector
As part of the State diplomatic visit to the Republic of Azerbaijan from May 7 to 8, General Secretary Tô Lâm and President of the Republic of Azerbaijan Ilham Aliyev ...
10-05-2025
-
Zeopore fulfilling first customer orders
Zeopore, a leading innovator in zeolite enhancement technologies for high catalytic performance, proudly announces that its recently commissioned semi-industrial production ...
08-05-2025
-
Messe Frankfurt and DECHEMA team up for new ACHEMA Middle East
DECHEMA, which organises the ACHEMA, the leading trade show for the global process industry, launches ACHEMA Middle East in Saudi Arabia together with Messe Frankfurt. ...
06-05-2025
-
ABS and Akselos complete technical assessment for structural digital twin technology
ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management software; ...
06-05-2025
-
Sunoco LP and Parkland Corporation announced today that they have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in ...
05-05-2025
-
Mission-critical flow control solutions from Valmet provides next level reliability
Industry-giant Valmet boasts an impressive array of topbrand automated on-off valves, control valves and controllers that are renowned for delivering longterm reliability ...
03-05-2025