Shell Chemical CSPCL South China Sea Joint Venture Completed The First Successful Conversion

　　 Shell Chemicals Announcement, Cnooc and Shell Petrochemicals Company Limited (CSPC) - Nanhai petrochemical complex, Guangdong, China Joint venture The conversion was successfully completed for the first time. The South China Sea is a joint venture between Shell and China National Offshore Oil Corporation (CNOOC). At the same time, the failure of an ethylene cracking device and processing device was eliminated. The two tasks are completed ahead of schedule.

The failure of ethylene cracking ethylene ethylene glycol, ethylene oxide, styrene plant and propylene oxide plant is eliminated, and the competitiveness of the plant can be enhanced by increasing production capacity and reducing unit cost. After failure, ethylene production will increase from 800 thousand tons per year to 950 KTPA, and the total Petrochemical capacity of the plant will increase from 2 million 300 thousand tons to 2 million 700 thousand tons.

Exclude obstacles include light and heavy duty. raw material Build a eighth liquid cracking furnace. 4/5 of the derivatives barriers were excluded from 10%-30%. The planned conversion was completed in March and April this year. In addition to large-scale maintenance activities, more than 1000 pressure vessels will also be subject to statutory inspections. This project also includes a lot of instrumentation work.

The ownership of CNOOC and Shell Petrochemical Company Limited (CSPCL) is 50% to Shell Companies BV, a Shell Companies and 50% to CNOOC Petrochemical Investment Co., Ltd. The company started operation in June 2006, mainly providing products for high consumption areas in Guangdong and southeastern coastal special economic zones in China.