Shell Petrochemicals Company’s lower olefins plant at the petrochemical complex in Huizhou, Guangdong Province.
Shell Nanhai B.V. and China National Offshore Oil Corporation’s 50:50 JV has officially assumed ownership of CNOOC’s ongoing project to build an ethylene cracker and several derivatives units, after receiving all the necessary government approvals.
Following a final investment decision in March 2016, the project will now be owned and operated by the existing joint venture, CNOOC and Shell Petrochemicals Company Ltd. (CSPC).
The facilities being built next to CSPC’s existing petrochemical complex in Huizhou, Guangdong Province will increase ethylene production capacity by 1.2 MMtpy. Around 70% of the construction work is now complete and the new facilities are expected to start up around 4Q next year. The expansion project will also include the largest styrene monomer and propylene oxide (SMPO) plant in China.
Shell will apply its proprietary OMEGA, SMPO and polyols technologies to produce 150 Mtpy of ethylene oxide, 480 Mtpy of ethylene glycol, 630 Mtpy of styrene monomer, 300 Mtpy of propylene oxide, and 600 Mtpy of high quality polyols. This more than doubles the volumes and range of CSPC’s high quality products to around 6 MMtpy. It will be the first time that Shell’s industry-leading OMEGA and advanced polyols technologies are applied in China.
The CSPC site, which has a strong track record of reliable and safe operations, currently converts a variety of liquid feedstocks into olefins and derivative products. These are used in a wide range of consumer goods, including computers, plastic bottles, cars, furniture, washing liquids and personal care products.
Source: Hydrocarbon Processing
The investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.
Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.
Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.
