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China approves Shell-CNOOC JV’s petrochemical project in Huizhou

by ChemOrbis Editorial Team -
  • 02/11/2016 (17:54)
According to market sources, the Chinese government gave approval for the Shell-CNOOC JV, CSPC, between Shell Nanhai and China National Offshore Oil Corp. to take over a petrochemical project in Huizhou, Guangdong. It is reported that CSPC will operate the project following the approval.

The project includes a new naphtha-fed steam cracker and it will have a production capacity of 1.2 million tons/year of ethylene, 630,000 tons/year of styrene monomer, 600,000 tons/year of polyols, 480,000 tons/year of ethylene glycol, 300,000 tons/year of propylene oxide and 150,000 tons/year of ethylene oxide.

The company has completed about 70% of the new facilities’ construction and it is expected to start up the facilities in the last quarter of 2017.
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