# Shell x CNOOC (CSPC Joint Venture): partnership

Canonical ID: `d6240cf8-f4e9-4442-9def-587cb0c9f373`

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.

- **Type:** joint venture
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Shell](https://registry.deploy.report/companies/shell-plc.md) 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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