The total investment is approximately 220.8 billion yuan! Summary of Key New Petrochemical and Coal Chemical Projects in Guangdong→
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The 25th National \"Safety Production Month\" in 2026: Everyone talks about safety, and everyone knows how to handle emergencies; identifying and addressing risks and hazards -------------------------------------------------- 01 Petrochemical integration and million-ton ethylene projects 1. CNOOC Shell Huizhou Phase III Ethylene Project: Joint venture between CNOOC Petrochemical Investment Co., Ltd. and Shell (China) Co., Ltd. Total investment: Approximately 52.1 billion yuan (according to different sources, it ranges from 480 to 521 billion yuan). Project location: Daya Bay Petrochemical Zone, Huizhou City, Guangdong Province. Project progress: Full implementation began in January 2025; as of January 2026, 42.49% of the work has been completed. The planned investment for 2026 is 12.43 billion yuan; In March 2026, the hoisting of large-scale equipment for the ethylene plant was successfully completed. In the third quarter of 2026, the installation of units, process pipelines, and electrical instruments will commence. At the end of the year, construction of the 220 kV main substation will begin. Mechanical completion is expected in the second quarter of 2027. Main products: 18 chemical processing units, including those producing 1.6 million tons/year of ethylene, 600,000 tons/year of metallocene linear low-density polyethylene (mLLDPE), 500,000 tons/year of polypropylene (PP), 645,000 tons/year of ethylene oxide-ethylene glycol, 400,000 tons/year of linear alpha-olefins (LAO), 50,000 tons/year of polyalpha-olefins (PAO), and 1 million tons/year of ethylbenzene. Upon completion, CNOOC Shell’s total ethylene production capacity will reach 3.8 million tons per year, enabling the supply of over 11 million tons of petrochemical products annually. 2. BASF (Guangdong) Integrated Base Project. Investor: BASF Group. Total investment amount: approximately 8.7 billion euros (about 68 billion yuan). Project location: Donghai Island, Zhanjiang City, Guangdong Province. Project timeline: Full operation is scheduled to begin on March 26, 2026. As of the day of commissioning, 18 units and 32 production lines had been built and put into operation. Among them, the combined plant with an annual production capacity of 1 million tons of ethylene came online as scheduled in January 2026. Main products: Over 70 different products can be produced, including basic chemicals, intermediates, and specialty chemicals. These include 1 million tons per year of ethylene, polyethylene, acrylic acid and its esters, formaldehyde, and thermoplastic polyurethane (TPU). The products are widely used in industries such as transportation, electronics, pharmaceuticals, consumer goods, home care, and personal care. 3. Maoming Petrochemical Refinery Transformation, Upgrading, and Ethylene Quality Improvement ProjectInvestor: Sinopec Maoming Branch
Total investment: Approximately 30 billion yuan
Project location: Maoming City, Guangdong Province
Project progress: In January 2026, the installation of the first major piece of equipment was completed, marking the official transition of the project from the civil construction phase to the installation phase. As of June 2026, the project progress has reached 63%, with full completion expected by the end of 2026. Key products: Maintain an oil processing capacity of 18 million tons per year; increase the ethylene production capacity from 1 million tons per year to 1.64 million tons per year; reduce the output of refined petroleum products by 1.85 million tons per year; and increase the production of ethylene feedstock by 1.67 million tons per year. Downstream supporting facilities include new plants for producing 300,000 tons per year of propylene oxide, 240,000 tons per year of hydrogen peroxide, and 100,000 tons per year of POE, thereby filling the gap in high-end polyolefins in China. 4. ExxonMobil Huizhou Ethylene Project and associated projects
Investing company: ExxonMobil (Huizhou) Chemical Co., Ltd.
Total investment amount: The investment scale for the first phase of this project is substantial (for the entire series of projects).
Project location: Daya Bay Petrochemical Industrial Park, Huizhou City, Guangdong Province.
Project progress: The first phase of the ExxonMobil Huizhou Ethylene Project is now operating at full capacity. The ExxonMobil Huizhou resin monomer blending project will begin construction in the first quarter of 2026, with the goal of completing the mechanical installation by the second quarter of 2027 and commencing operations in the third quarter of the same year. Main products: In Phase I, the plant will have an annual production capacity of 1.6 million tons of ethylene, and 2.65 million tons of polyethylene and polypropylene. Upon completion and full operation of the resin monomer formulation project, it will produce annually a mixture of thermosetting polyolefin resin monomers (dicyclopentadiene
Investing company: Guangdong Dongyue Chemical Technology Co., Ltd.
Total investment amount: Approximately 1.2 billion yuan
Project location: Jieyang City, Guangdong Province
Project progress: The hydrogenation and dechlorination unit of this demonstration project for the resource utilization of 200,000 tons per year of mixed waste plastics obtained environmental approval in January 2026. Once the second phase of the project is completed and put into operation, it will produce 666,000 tons of green ethylene and 1,339,000 tons of green propylene per year. Main products: chemical raw materials such as green ethylene and green propylene, produced through the chemical recycling of waste plastics. 10. Guangdong Meibao Technology’s project for producing 45,000 tons of new chemical materials per year. Investment company: Guangdong Meibao Technology Development Co., Ltd. Total investment amount: not disclosed yet. Project location: Jieyang City, Guangdong Province. Project progress: The construction project planning permit was approved on January 14, 2026. Main products: An annual production capacity of 45,000 tons of new chemical materials (Phase I). 11. New project by Guangdong Venson New Materials for the annual production of 16,500 tons of synthetic resins and 3,500 tons of coatings. Investment company: Guangdong Venson New Materials Co., Ltd. Total investment amount: 228 million yuan. Project location: Xinhui District, Jiangmen City. Project progress: Public disclosure prior to the submission for approval of the environmental impact assessment report in March 2026. Main products: An annual production of 16,500 tons of synthetic resins, as well as 3,500 tons of coatings, curing agents, inks, and adhesives. 12. Guangdong Zhengqun Microchemistry’s project to produce 100,000 tons of electronic chemicals per year. Investor: Guangdong Zhengqun Microchemistry Co., Ltd. Total investment: Approximately 179.408 million yuan. Project location: Yunfu City, Guangdong Province. Project progress: In January 2026, the project received approval from the Yunfu Development and Reform Bureau; construction is scheduled to take place from March 2026 to March 2027. Main products: The annual production capacity is 100,000 tons of high-end electronic chemicals and specialty chemicals.