CSPC (CNOOC and Shell Petrochemicals)
Heavy Industry, Machinery & ChemicalsHuizhou · South (Guangdong · Hong Kong · Hainan)
Business focus
Heavy Industry, Machinery & Chemicals
Description
CSPC, established in 2000 as a 50:50 joint venture of Shell Nanhai B.V. and CNOOC Petrochemicals Investment in the Daya Bay zone (Huizhou, Guangdong), is one of China's largest Sino-foreign petrochemical ventures. In January 2025 partners approved a third ethylene cracker (1.6 million tonnes/year) plus specialty-chemicals units (320,000 tonnes/year); due by 2028, lifting total output above 10 million tonnes/year.