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Partnership

Shell x CNOOC (CSPC Joint Venture)

50-50 joint venture established in 2000 between Shell and CNOOC, operating the CSPC petrochemical complex in Daya Bay, Huizhou. Phase 3 expansion approved in January 2025 adds a 1.6 million tonnes/year ethylene cracker and specialty chemicals facility, with total annual capacity reaching 2.2 million tonnes of ethylene.

joint venture · Active · verified


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Parties (2)

  • Shell investor partner
  • CNOOC off-registry investor partner

Sources (1)

  1. https://www.shell.com/news-and-insights/newsroom/news-and-media-releases/2025/cspc-a-shell-cnooc-jv-invests-in-petrochemical-complex-expansion-in-china.html

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