Shell announces that Shell Petrochemicals Company Limited (CSPC) - its joint venture with CNOOC (China National Offshore Oil Corporation), the Chinese state-owned company specializing in the exploration, production and development of offshore oil and gas resources - is to expand its petrochemical complex at Daya Bay, Huizhou (China).

The project includes a third ethylene cracker with a capacity of 1.6 million tonnes per year and units producing by-products such as alpha linear olefins, used for lubricants and detergents, as well as 320,000 tonnes per year of specialty chemicals such as polycarbonates and carbonated solvents.

The latter are essential for lithium-ion batteries, the electric vehicle sector and energy storage.

Primarily aimed at the Chinese market, this project aims to strengthen CSPC's competitiveness, extend its value chains and further integrate existing facilities.

According to Huibert Vigeveno, Director at Shell, this investment supports CSPC's transformation strategy towards highly differentiated chemical products.

The expansion, scheduled for 2028, also reflects the strong partnership between Shell and CNOOC.

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