Its role Owner
CNOOC and Shell Petrochemicals Company Limited operates as a joint venture in the petrochemical sector. Formed by CNOOC and Shell, the company manages a major industrial site in Huizhou, Guangdong, China, centered around ethylene production facilities.
Its primary activities involve steam cracking of hydrocarbons to produce ethylene and co-products such as propylene, butadiene, and aromatics. These products are essential for manufacturing plastics, rubbers, and other chemical intermediates used across various industries.
The company runs the Huizhou CNOOC and Shell Ethylene Crackers and is involved in the development of the phase 3 ethylene cracker project, which aims to increase production capacity significantly. This positions it as an important contributor to China's petrochemical output.
With operations limited to China, the entity leverages the technical capabilities of its parent companies. CNOOC brings local market knowledge and resources, while Shell provides international expertise in petrochemical processes and safety standards.
In the broader industry, CNOOC and Shell Petrochemicals Company Limited represents a strategic partnership that enhances China's self-sufficiency in key chemical building blocks. It competes with other large petrochemical producers in the region and supports downstream manufacturing sectors.
Also known as 中海壳牌石油化工有限公司.
chemXplore tracks 1 project involving CSPC, of which one is active.
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