Nanhai, Guangdong Province -- Shell and CNOOC's 50:50 jv is going ahead with plans to produce an additional 600kT/year polyols within two years, according to a joint statement by the companies.
The polyol expansion comes as part of an ethylene cracker project which will near double ethylene production by adding 1 m tonne/year cracking capacity at the site.
The facility will also include the largest styrene monomer and propylene oxide plant "ever built in China," according to the jv. It is also slated to produce 150kT ethylene oxide and 480kT ethylene glycol/year.
Graham van’t Hoff, executive vp for Shell's global chemicals business, said the decision “underlines Shell's confidence in the strong growth potential for chemicals in China.