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On February 10, the president of Zhonghai Shell Petroleum & Chemical Co., Ltd., situated on the shores of Daya Bay in Huizhou, Guangdong Province, announced that following the completion of the CSPC Shell project on December 30, 2005, ethylene and propylene were successfully produced. The facility will be gradually commissioned in stages, marking a significant milestone in the integration of upstream and downstream petrochemical projects in China. This achievement underscores the country’s growing capability to meet the rising demand for chemical raw materials, supporting sustained economic growth.
The China Sea Shell project is a joint venture between the Royal Dutch/Shell Group and China Petroleum & Chemical Investment Co., Ltd., with each party holding a 50% stake. After receiving final investment approval in November 2002, the project was developed with an investment of $4.3 billion, making it the largest Sino-foreign joint venture in the domestic petrochemical sector. It surpasses previous major projects such as the Nanjing Yangba and Shanghai Secco integration projects, which had investments of $2.9 billion and $2.7 billion respectively.
At the heart of the project is an ethylene cracker capable of producing 800,000 tons of ethylene and 430,000 tons of propylene annually. The plant can process both naphtha and heavier condensate, a first in China's chemical industry. This state-of-the-art facility represents a major step forward in global ethylene production standards.
Designed and built using the most advanced technologies and international management practices, the project introduced 13 patented technologies through an international bidding process. Most of the equipment features world-class scale and efficiency. Notably, despite being located in the environmentally sensitive Daya Bay area, the project has maintained strict environmental protection measures throughout its design, construction, and operation phases. CSPC has consistently prioritized sustainable development, environmental protection, and local community growth.
According to reports, the China Offshore Shell project is expected to produce around 2.3 million tons of petrochemical products annually, generating approximately $1.7 billion in sales. The products will primarily serve Guangdong Province and other coastal regions with high chemical demand, with some exports to international markets. This project is expected to significantly enhance the competitiveness of China’s petrochemical industry and address the long-standing supply gap in the Pearl River Delta.
Extensive pre-sales efforts have already been undertaken, laying a solid foundation for commercial operations. Many trading companies in the Pearl River Delta are actively engaging with Guangzhou-based sales teams, placing orders for the project’s products ahead of its full-scale launch.