1.6 million tons/year ethylene! With a total investment of 52.1 billion, the third phase of CNOOC Huizhou ethylene project has started!
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On May 19, the groundbreaking ceremony of CNOOC and Shell Huizhou Phase III Ethylene Project (referred to as "CNOOC and Shell Phase III Project") was held in Daya Bay, Huizhou City, Guangdong Province. This marks another substantial and critical step in deepening cooperation between CNOOC, Shell Group and Guangdong Province. Zhang Shaokang, Vice Governor of Guangdong Province, Yu Jin, Deputy General Manager of CNOOC, Hai Bo, Member of the Executive Committee of Shell Group, etc. * this ceremony. After the project is completed and put into operation, CNOOC and Shell's overall ethylene production capacity will reach 3.8 million tons per year. After post-production and processing, CNOOC and Shell can provide the market with a total of more than 11 million tons of petrochemical products every year, filling the domestic demand for petrochemical products that are in short supply, further enhancing the overall scale and competitiveness of the Daya Bay Petrochemical Zone in Guangdong Province, and injecting new vitality into the high-quality development of the real economy in the Guangdong-Hong Kong-Macao Greater Bay Area.
The third phase of the CNOOC and Shell project is jointly constructed by CNOOC and Shell Group, with a total investment of approximately 52.1 billion yuan. It is centered on a 1.6 million tons/year ethylene cracking unit, including 645,000 tons/year ethylene oxide/ethylene glycol, 87.5/400,000 tons/year There are 18 chemical production units including styrene/propylene oxide per year, 450,000 tons/year polyether polyols, 400,000 tons/year α-olefins, 50,000 tons/year poly-α-olefins, 600,000 tons/year metallocene polyethylene, and 450,000 tons/year copolymerized polypropylene. The project uses Shell’s proprietary alpha olefin technology, which is also the first time this technology has been used in the Asia-Pacific region.
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