This undated file photo shows the Huizhou Daya Bay Petrochemical Industrial Park where the Huizhou Phase III Ethylene Project and the Polycarbonate Project are located, in Huizhou, south China's Guangdong Province. (Xinhua)
GUANGZHOU, Jan. 15 (Xinhua) -- A Sino-foreign petrochemical joint venture has finalized an investment decision for two projects with a total investment of nearly 60 billion yuan (about 8.35 billion U.S. dollars) in Huizhou City, South China's Guangdong Province.
China National Offshore Oil Corporation (CNOOC) and Shell plc's joint venture, CNOOC and Shell Petrochemicals Company Limited (CSPC), announced Wednesday they would invest in the Huizhou Phase III Ethylene Project and the Polycarbonate Project, with both projects officially commencing full-scale construction.
"Today's announcement of the final investment decision for the two projects marks a significant milestone. It represents CSPC's third major expansion," said Roelof Heezen, CSPC deputy general manager.
The Phase III Project will build 16 sets of production units, including an Ethylene unit with a capacity of 1.6 million tonnes per year and other downstream units and supporting facilities.
It is expected to be completed in 2028.
Through project scope optimization and electrification of large compressor groups, the project will achieve an overall 20 percent reduction in carbon dioxide emissions, promote the use of renewable green energy, and support the implementation of the country's "dual-carbon" strategy, according to the company.
The Polycarbonate Project will debut Shell's proprietary technology globally, with the advantages of cost efficiency, low energy consumption, safety and environmental friendliness.
To be completed in 2026, it will produce over 320,000 tonnes annually of high-performance specialty chemicals, including polycarbonate and carbonate solvents. These products will play a vital role in the transportation, construction, health care and consumer goods industries.
According to CSPC, the investment in the two projects is also a testimony of the shareholders' confidence in CSPC, the local government and the overall growth of performance chemicals in China.
Established in 2000, CSPC is one of the largest petrochemicals joint ventures and the largest single-site ethylene complexes in operation in China. ■
点击右上角
微信好友
朋友圈
请使用浏览器分享功能进行分享
| 什么鱼炖豆腐好吃 | 肚子胀疼是什么原因 | 碧霄是什么意思 | 南通有什么特产 | 鬼子来了为什么被禁 |
| 11月20日什么星座 | 截石位是什么意思 | 什么人适合戴玉 | 孤独终老什么意思 | 为什么腋下会长小肉揪 |
| 阴虚火旺吃什么食物好 | 上海市委书记什么级别 | 南乳和腐乳有什么区别 | 在什么什么后面 | 地贫是什么 |
| 专政是什么意思 | 外阴炎是什么原因引起的 | 使婢差奴过一生是什么意思 | 肠胃炎挂什么科 | 春天有什么 |
| 黄鼠狼最怕什么weuuu.com | 什么硬币最值钱hcv8jop4ns7r.cn | 438是什么意思cj623037.com | 前列腺是什么病hcv8jop6ns0r.cn | 项羽的老婆叫什么hcv8jop9ns2r.cn |
| 父母都是a型血孩子是什么血型hcv8jop1ns9r.cn | 大眼角痒用什么眼药水hcv7jop5ns6r.cn | 个个想出头是什么生肖jasonfriends.com | 男人好难做人好难是什么歌hcv9jop4ns4r.cn | 1994年属什么hcv7jop6ns2r.cn |
| 减肥吃什么零食hcv9jop1ns8r.cn | lsil是什么意思hkuteam.com | 天子是什么生肖hcv9jop0ns8r.cn | 美国的国宝是什么动物hcv8jop9ns7r.cn | 孕妇可以吃什么hcv9jop4ns1r.cn |
| 古人的婚礼在什么时间举行hcv9jop0ns8r.cn | 1月24日什么星座hcv8jop7ns4r.cn | 尿蛋白质阳性是什么意思hcv7jop7ns1r.cn | fdp偏高是什么原因hcv8jop3ns1r.cn | 副连长是什么军衔hcv9jop5ns3r.cn |
