VIDEO: Shell and CNOOC launch petrochemicals joint venture in China

Shell and China National Offshore Oil Corporation (CNOOC) have announced the start-up of a new petrochemical plant in China.

The unit, which is a joint venture, will more than double ethylene capacity at the complex in Huizhou, Guangdong Province, by around 1.2million tonnes per year.

Ethylene can be used to create a range of products including cars, furniture and computers.

Graham van’t Hoff, executive vice president for Royal Dutch Shell’s global chemicals business, said: “The start-up of the new ethylene cracker and derivatives units is a significant milestone for Shell.

“I would like to thank our partner CNOOC for its excellent project delivery. As the largest single-site ethylene complex in China, CSPC is key to Shell Chemicals’ growth ambitions.”

The complex is the largest single-site processing facility in China.

He Zhongwen, Chairman and President of CNOOC Oil & Petrochemicals Co. Ltd, said: “The expansion project demonstrates great synergies between CNOOC’s engineering, construction and management capabilities, and Shell’s advanced technologies in chemicals.

“It has been recognised by the government as a role model for major industrial projects in China. This shows what we can achieve through effective international partnerships. We can now produce more and better chemical products for the growing domestic market.”