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News	Kokel, Nicolas CSPCL Huizhou 2025/03/18 07:08 PM CNOOC and Shell Announce Major Expansion of CSPC Petrochemical Complex in South China. View Main Message CSPCL Huizhou Petrochemical Plant / Shell Beijing, China, February 22, 2016 -- CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd., has officially announced the third phase of expansion for its petrochemical complex in Daya Bay, Huizhou, Guangdong Province. This ambitious project, valued at $6.7 billion, represents a significant step forward in meeting China's growing demand for petrochemical products. The expansion will include the construction of a third ethane cracker with a planned capacity of 1.6 million tonnes per year (tpy) of ethylene, boosting the complex's total ethylene production capacity to 3.8 million tpy. Ethylene serves as a key building block for plastics and other essential chemical products. Alongside the cracker, the project will add 16 downstream derivatives units producing specialty chemicals including linear alpha olefins, Bisphenol-A (240,000 topy), polycarbonates (260,000 tpy), and diphenyl carbonate (220,000 tpy). Linear alpha olefins are vital for manufacturing detergent alcohol and synthetic lubricants, while polycarbonates are used in impact-resistant plastics that can replace carbon-intensive steel. Carbonate solvents play a critical role in lithium-ion batteries, supporting the electric vehicle sector and energy storage solutions. The new facilities aim to meet domestic demand across various industries, including agriculture, construction, healthcare, and consumer goods. Scheduled for completion by 2028, the project incorporates innovative technologies to reduce environmental impact. CSPC plans to electrify compressor units and increase renewable energy usage to achieve a 20% reduction in carbon dioxide emissions, aligning with China's carbon neutrality goals. #sustainabilitygoals #steamcracker #ethanecracker #ethylene #cnooc #cspc #shell #china #huizhou #guangdong #sustainability #linearalphaolefins #lao #polycarbonate #electrification #renewableenergy #carbonemissions #neutralitygoals
News	Kokel, Nicolas ExxonMobil Holding 2025/02/12 07:12 AM ExxonMobil Mulls $8.6 Billion Polyethylene Plant on Texas Gulf Coast View Main Message ExxonMobil's ethylene plant n°3 in Baytown, Texas (Credit: ExxonMobil) February 7, 2025 \| Point Comfort, Texas, USA (ExxonMobil Corp.) ExxonMobil is evaluating the construction of an $8.6 billion polyethylene plant in Point Comfort, Texas, as part of its global growth strategy. The proposed facility, which would include a large-scale ethane cracker, aims to produce ethylene and polyethylene—key components in plastic manufacturing. The project is under review following Exxon's application for tax abatements under Texas' Jobs, Energy, Technology, and Innovation Act (JETI). If approved, construction could begin as early as 2026, with operations expected to start in 2031. The plant would generate approximately 600 permanent and contract jobs and employ over 3,000 workers during peak construction. Exxon projects the facility will contribute $3.6 billion annually to the state's economy once fully operational. Exxon is also considering alternative locations for the project in the Middle East, Asia, and other parts of North America. The final decision will depend on market conditions and governmental support in competing regions. #exxonmobil #polyethylene #ethylene #steamcracker #texas #usgc #gulfcoast #ethanecracker #gascracker

Kokel, Nicolas

CSPCL Huizhou

2025/03/18 07:08 PM

CNOOC and Shell Announce Major Expansion of CSPC Petrochemical Complex in South China.

CSPCL Huizhou Petrochemical Plant / Shell

Beijing, China, February 22, 2016 -- CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd., has officially announced the third phase of expansion for its petrochemical complex in Daya Bay, Huizhou, Guangdong Province. This ambitious project, valued at $6.7 billion, represents a significant step forward in meeting China's growing demand for petrochemical products.

The expansion will include the construction of a third ethane cracker with a planned capacity of 1.6 million tonnes per year (tpy) of ethylene, boosting the complex's total ethylene production capacity to 3.8 million tpy. Ethylene serves as a key building block for plastics and other essential chemical products. Alongside the cracker, the project will add 16 downstream derivatives units producing specialty chemicals including linear alpha olefins, Bisphenol-A (240,000 topy), polycarbonates (260,000 tpy), and diphenyl carbonate (220,000 tpy).

Linear alpha olefins are vital for manufacturing detergent alcohol and synthetic lubricants, while polycarbonates are used in impact-resistant plastics that can replace carbon-intensive steel. Carbonate solvents play a critical role in lithium-ion batteries, supporting the electric vehicle sector and energy storage solutions.

The new facilities aim to meet domestic demand across various industries, including agriculture, construction, healthcare, and consumer goods.

Scheduled for completion by 2028, the project incorporates innovative technologies to reduce environmental impact. CSPC plans to electrify compressor units and increase renewable energy usage to achieve a 20% reduction in carbon dioxide emissions, aligning with China's carbon neutrality goals.

#sustainabilitygoals #steamcracker #ethanecracker #ethylene #cnooc #cspc #shell #china #huizhou #guangdong #sustainability #linearalphaolefins #lao #polycarbonate #electrification #renewableenergy #carbonemissions #neutralitygoals

Kokel, Nicolas

ExxonMobil Holding

2025/02/12 07:12 AM

ExxonMobil Mulls $8.6 Billion Polyethylene Plant on Texas Gulf Coast

ExxonMobil's ethylene plant n°3 in Baytown, Texas (Credit: ExxonMobil)

February 7, 2025 | Point Comfort, Texas, USA (ExxonMobil Corp.)

ExxonMobil is evaluating the construction of an $8.6 billion polyethylene plant in Point Comfort, Texas, as part of its global growth strategy. The proposed facility, which would include a large-scale ethane cracker, aims to produce ethylene and polyethylene—key components in plastic manufacturing.

The project is under review following Exxon's application for tax abatements under Texas' Jobs, Energy, Technology, and Innovation Act (JETI). If approved, construction could begin as early as 2026, with operations expected to start in 2031.

The plant would generate approximately 600 permanent and contract jobs and employ over 3,000 workers during peak construction. Exxon projects the facility will contribute $3.6 billion annually to the state's economy once fully operational.

Exxon is also considering alternative locations for the project in the Middle East, Asia, and other parts of North America. The final decision will depend on market conditions and governmental support in competing regions.

#exxonmobil #polyethylene #ethylene #steamcracker #texas #usgc #gulfcoast #ethanecracker #gascracker

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