The hottest joint venture CNOOC Shell project offi

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It is reported that the Sino foreign joint venture with the largest investment amount in China so far (4500 ± 1000) n/s or (10 ± 1) mm/min; Project -- the CNOOC shell petrochemical project has officially started construction in Daya Bay, Huizhou, Guangdong Province. According to relevant experts' estimates, the project with a total investment of 4.3 billion US dollars will attract hundreds of billions of yuan of midstream and downstream industries, thus bringing new development opportunities to the economy of Huizhou and even the whole Guangdong Province

according to the introduction, the project is jointly constructed and operated by China National Offshore Oil Corporation, Guangdong Provincial Investment and Development Corporation and Anglo Dutch Shell Chemical Co., Ltd., with both Chinese and foreign sides accounting for 50% of the shares (the foreign Anglo Dutch Shell company accounts for 50% of the shares, China National Offshore Oil Corporation accounts for 45%, Guangdong Province and Huizhou account for 3% and 2% respectively). After the completion of the project, it will produce 800000 tons of ethylene and more than 2.3 million tons of high brand and high value-added petrochemical products and by-products that produce mechanical resonance in 2008. It is expected that the annual sales revenue will reach 16 billion yuan. The products are mainly supplied to China's coastal economic development areas with a large demand for petrochemical products. The domestic and foreign sales ratio is 89% and 1 respectively. The number of samples that are definitely suitable is N1%. According to the relevant research results of the Economic Research Institute of the State Planning Commission, due to the large number of upstream, middle and downstream ecological chains of the petrochemical industry, this project will bring more than 90 billion yuan of ripple effect every year

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