CNOOC and Shell Petrochemicals Company (CSPC)

CNOOC and Shell Petrochemicals Company Limited (CSPC), established in 2000, is one of the largest petrochemicals joint ventures in China. CSPC’s Chinese shareholder is CNOOC Petrochemicals Investment Limited. (Its shareholders are CNOOC Oil and Petrochemicals Company Limited and Guangdong Guangye Investment Group Company Limited). CSPC’s foreign shareholder is Shell Nanhai B. V. CSPC mainly produces olefin and derivative products, supplying the domestic market as raw materials while providing customers with high quality service. CSPC’s products are widely used in agriculture, manufacture, construction industry, medicine and consumer goods etc.

As the one of the operating biggest single-site ethylene plant in China, CSPC’s complex consists of 2 phases of projects with the ethylene capacity of 2,200 ktpa, and supplying more than 6 million tonnes of high quality products to the market every year. Since its establishment, CSPC is committed to implementing a strategy of sustainable development and fulfilling the commitment of Responsible Care®. CSPC always has Health, Safety and Environment as the top priority, striving for the vision “To Be the Best Petrochemical Company in China”, maintaining a strong track record of reliable and safe operations, environmental protection, energy saving and social responsibilities, and achieved good business and social performance, while making contributions to the social and economic development of the local society.