Comprehensive construction of CNOOC Shell Huizhou Phase III ethylene project and polycarbonate project
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On January 6, the “Global Outlook, Future Focus – High-End Petrochemical New Materials Investment Promotion Conference,” jointly organized by the China Petroleum and Chemical Industry Federation and the Huizhou Municipal Government, was held in Huizhou. It is understood that a total of 94 cooperation projects were established at this conference, with a planned total investment of 92.902 billion yuan. During the on-site inspection session, a ceremony was also held for the comprehensive commencement of CNOOC Shell Huizhou Phase III ethylene project and polycarbonate project. It is understood that once the third phase of the ethylene project in Huizhou is completed, CNOOC Shell’s ethylene production capacity will reach 3.8 million tons per year, further enhancing economies of scale. This project will also be integrated and optimized with the existing chemical and refining Phase I and II projects, further enhancing the level of integration in refining and chemical processing as well as improving resource utilization efficiency. Starting with the commencement of Phase 1 in 2002, followed by the official operation of Phase 2 in 2018, and now the start of Phase 3, this world-class petrochemical \"giant\" developed by CNOOC Shell has been actively operating in Huizhou’s Daya Bay, contributing to the development of Huizhou as a global hub for the petrochemical industry and helping to create new drivers for high-quality economic growth in Guangdong.
The Sino-Shell Huizhou Phase III Ethylene Project: The total investment in this project amounts to approximately 52.1 billion yuan. With an ethylene cracking unit with a capacity of 1.6 million tons per year as its core, 18 chemical processing units, as well as utility systems and supporting facilities, will be constructed. This includes a 1.6 million tons per year ethylene plant, a 305,000 tons per year butadiene extraction plant, a 1.46 million tons per year pyrolysis gasoline hydrogenation plant, an 1.1 million tons per year aromatic extraction plant, a 645,000 tons per year ethylene oxide-ethylene glycol (EO-EG) plant, a 600,000 tons per year metallocene linear low-density polyethylene (mLLDPE) plant, a 400,000 tons per year linear α-olefins (LAO) plant, a 130,000 tons per year isomerization and disproportionation (ID) plant, a 130,000 tons per year Shell hydroformylation (SHF) plant, a 50,000 tons per year polyα-olefins (PAO) plant, a 500,000 tons per year polypropylene (PP) plant, a 1 million tons per year ethylbenzene (EB) plant, an 875,000/400,000 tons per year styrene-propylene oxide (SM-PO) plant, a 450,000 tons per year polyether polyol (DMC-POD) plant, a 100,000 tons per year polymer polyol (POP-POD) plant, a 270,000/80,000 tons per year MTBE/butene-1 plant, along with supporting storage and transportation facilities, utility systems, auxiliary facilities, and environmental protection systems. On December 3, 2024, the IMPT team for the Phase III ethylene project of CNOOC Shell held a kick-off meeting for the 1.6 million tons per year ethylene plant project at Sinopec Engineering & Construction Co., Ltd. (SEI) in Beijing, marking the official launch of this largest ethylene production facility under construction in China.
CNOOC Shell Huizhou Polycarbonate Project: On April 18, 2024, the Huizhou Ecology and Environment Bureau published the environmental impact assessment documents for the CNOOC Shell Huizhou Polycarbonate Project. The total investment for this project is 9.3 billion yuan, which will be used to build a bisphenol A production facility with an annual capacity of 240,000 tons, a diphenyl carbonate production facility with an annual capacity of 220,000 tons, and a polycarbonate production facility with an annual capacity of 260,000 tons.
Happy Seas and Rivers, Happy Year ------------------------------