Epec Global Information Service- Project Information-No. 3, 2020(中文版请见底部)

CNOOC and Shell Cooperate on Polycarbonate

On January 13, 2020, China National Offshore Oil Co., Ltd. (hereinafter referred to as "CNOOC") announced that its wholly-owned subsidiary, CNOOC Refining & Chemical Co., Ltd. (hereinafter referred to as "CNOOC Refining & Chemical") and Shell Nanhai Private Limited (hereinafter referred to as "Shell") has signed a memorandum of understanding. The two parties will cooperate in the development and construction of a world-scale polycarbonate plant.

The polycarbonate plant developed and constructed by CNOOC will use a green chemical process that uses carbon dioxide emitted from the plant as raw materials and uses Shell’s diphenyl carbonate technology, which has great advantages in comprehensive energy consumption of products, and combine with melting polycarbonate technology of German EPC company to produce polycarbonate products. While producing polycarbonate products, it has the potential to produce alkyl carbonate series products for lithium-ion battery manufacturing, which will play an important role in the energy transition.

The polycarbonate plant will be built at the CNOOC Shell Joint Venture Chemical Base in Huizhou, Guangdong. Founded in 2000, CNOOC Shell was built and operated as a world-scale petrochemical plant in Daya Bay Economic and Technological Development Zone, Huizhou, Guangdong. The first-phase project was put into production in 2006. After the second-phase project was put into production in April 2018, the total ethylene production capacity increased to 2.2 million tons per year, making it the largest monomer ethylene production plant in China.

There will also be a research and development center that will be constructed concurrently with the polycarbonate production plant. This polycarbonate research and development center will be closely integrated with the market and production, and continuously develop high-quality and differentiated new products that meet market demand. Earlier, in mid-2018, CNOOC and Royal Dutch Shell signed a multi-billion-dollar memorandum of understanding for cooperation. The polycarbonate plant signed this time is in this large-scale integrated refining and chemical base.

Regardless for domestic or foreign petrochemical companies, Guangdong has become a global hotspot for investment of new construction or expansion. The expansion of production capacity in recent years has been remarkable. The province has four major petrochemical industrial bases in Zhanjiang, Maoming, Huizhou and Jieyang, all of which have millions of tons of oil refining and large ethylene production capacity. It is a well-known leading petrochemical province in China. Among the above four bases, Sinopec owns two (Maoming and Zhanjiang). CNOOC owns one (Huizhou), and PetroChina owns one (Jieyang).

Source: Mahoupao Chemical








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