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Shell and CNOOC plan a $1.6 million ton-per-year petrochemical expansion in China by 2028.
A joint venture between Shell and CNOOC plans to expand their petrochemical complex in Huizhou, China, adding a third ethylene cracker and units for specialty chemicals like polycarbonates.
This $1.6 million ton-per-year project aims to meet China's rising demand and boost innovation, set to finish by 2028.
The expansion highlights the venture's shift towards premium chemical products.
3 months ago
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