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| Name | Symbol | Market | Type |
|---|---|---|---|
| Cnooc Ltd | NYSE:CEO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.76 | 0 | 01:00:00 |
From May 2019 to May 2024
By Oliver Griffin
Royal Dutch Shell PLC (RDSB.LN) said on Wednesday that its joint venture with China National Offshore Oil Corporation, China's largest offshore oil-and-gas producer, has officially launched the second ethylene cracker at the Nanhai petrochemical complex.
Shell said the CNOOC and Shell Petrochemical Company joint venture has started up several derivative units at the complex and that the remaining units will start up over the coming weeks.
The new ethylene cracker will increase the ethylene capacity at the complex in Huizhou, China, by around 1.2 million metric tons per year, more than doubling the current production level, Shell said.
The facility will include a styrene monomer and propylene oxide plant, which will be the largest in China when it begins operations, the company said.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
May 02, 2018 01:36 ET (05:36 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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