CNOOC and Shell
CNOOC and Shell
China Overseas Shell Petrochemical Co., Ltd. (China Overseas Shell) was established in 2000 and is one of the Sino-foreign joint ventures with a large domestic investment. China Overseas Shell's Chinese shareholder is China Overseas Petrochemical Investment Co., Ltd. (its shareholders are China Overseas Petroleum Refining Co., Ltd. and Guangdong Guangye Investment Group Co., Ltd.), accounting for 50% of the shares; foreign shareholder is Shell Nanhai Private Co., Ltd., accounting for 50% of the shares. % shares. China Overseas Shell mainly produces olefins and its derivatives as the basic chemical raw materials supply market, and provides customers with high-quality and excellent services; its products are widely used in agriculture, industry, construction, medicine, as well as consumer goods such as automobiles, home furnishings, electronics, and daily chemicals.
The company has two phases of the project in operation, with a total ethylene production capacity of 2.2 million tons/year. It is one of the largest single ethylene factories in operation in China, providing more than 6 million tons of high-quality and diversified petrochemical products to the market every year. Since the establishment of the company, China Overseas Shell has always adhered to the sustainable development strategy and fulfilled its commitment to care for responsibility, put health, safety and environmental protection first, and is committed to "becoming the best petrochemical enterprise in China", in production safety, environmental protection, energy conservation and emission reduction. , social responsibility and other aspects have made remarkable achievements, and have made positive contributions to local economic development and social progress.
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