To build the first commercial-scale polycarbonate production plant in Huizhou, China, a memorandum of understanding (MoU) signed by Royal Dutch Shell with China National Offshore Oil Corp (CNOOC).
Polycarbonate is widely used for the production of vehicle headlights and LED spotlights.
Previously in October 2018, Shell and CNOOC signed an agreement to build more production equipment at petrochemical complex jointly owned by both companies in Huizhou.
Shell Petrochemicals Corp (CSPC) and CNOOC has an ethylene production capacity of 2.2 million tonnes.
To serve the growing number of polycarbonate customers, Shell has an advantaged route to production and is looking at investment in a number of commercial-scale units, its Executive Vice President of global chemicals business said.
Huizhou is also in talks to introduce a fine chemical project with a world-leading company, its mayor said.