Business and Finance Business and Finance
Wed, January 15, 2025
[ 12:01 PM ] - MSN
Financial Breakdown: An In-Depth Look at the Beng .. p Space, Cash Spend and Ability to Improve Roster
[ 12:01 PM ] - MSN
7 Top Coins to Join in January 2025 for Massive P .. s Out on Qubetics ($TICS) and These Market Movers
[ 12:00 PM ] - NDTV
Union Budget 2025: Expectations Of Indian Startups From FM Nirmala Sitharaman
[ 12:00 PM ] - Reuters
Goldman Sachs CEO says Apple card partnership may end before 2030
[ 11:00 AM ] - Kiplinger
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News
[ 11:00 AM ] - Reuters
Novo Banco owners to receive $1.34 bln when bank makes first dividend payment
[ 10:40 AM ] - MSN
EPRA Increases Fuel Prices, Details Kenya-UAE Trade Deal, Horticulture Exports Decline
[ 10:40 AM ] - MSN
CINF Rises 30% in a Year: Time to Buy the Stock for Solid Returns?
[ 09:41 AM ] - MSN
The truth about crypto
[ 09:41 AM ] - MSN
Applied Digital Corporation (NASDAQ:APLD) Q2 2025 Earnings Call Transcript
[ 09:41 AM ] - MSN
JPMorgan Chase and Goldman Sachs Post Surging Profits
[ 09:40 AM ] - Reuters
Generali aims to ink initial asset management deal with Natixis by Jan. 20, sources say
[ 09:21 AM ] - Stockhouse
MineHub's 2024 Annual Update and Strategic Outlook for 2025
[ 09:21 AM ] - Reuters
Shell-CNOOC joint venture to expand south China petrochemical complex
[ 09:21 AM ] - Euronews
Kazakhstan's digital economy: Fintech growth, cashless payments, and cybercrime prevention
[ 09:01 AM ] - MSN
Leo Daily Horoscope Today (July 23- Aug 22) January 15, 2025: Maintain alertness!
[ 09:00 AM ] - bnnbloomberg
Trudeau and the premiers meet to discuss a response to Trump's threatened tariffs
[ 08:21 AM ] - MSN
JPMorgan notches another record year of profits
[ 08:20 AM ] - Forbes
Unleashing Your Financial Superpowers With AI
[ 08:20 AM ] - Reuters
Goldman Sachs profit surges as investment banking, trading fuel bumper quarter
[ 07:00 AM ] - Reuters
JPMorgan posts record annual profit as dealmakers, traders ride market rebound
[ 06:41 AM ] - AOL
Bitcoin and stocks have been moving in sync: Morning Brief
[ 06:40 AM ] - WSPA
Upstate finance professional breaks down biggest tax changes for 2025
[ 06:40 AM ] - Reuters
BNY fourth-quarter profit rises on boost from higher fee income
[ 06:21 AM ] - ProPublica
Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.
[ 06:20 AM ] - Reuters
Developer GuocoLand secures green loans totalling $908 million
[ 05:40 AM ] - MSN
Generative AI, other Kenyan business trends to note in 2025 that shaped 2024
[ 05:20 AM ] - SHINE
Shanghai economy surpasses US$695.6 billion in 2024
[ 05:20 AM ] - Reuters
French central bank recommends cut in popular savings account interest rate
[ 05:00 AM ] - Reuters
UK banks resist mortgage rate hikes amid money market turmoil

Shell-CNOOC joint venture to expand south China petrochemical complex


Published on 2025-01-15 09:21:09 - Reuters
  Print publication without navigation

  • A joint venture of Shell and CNOOC plans to expand its petrochemical facility in south China's Guangdong province in a project targeted for completion in 2028, it said on Wednesday.

The content at the provided URL discusses the expansion plans of a petrochemical complex in southern China by a joint venture between Shell and CNOOC. The venture, known as CNOOC and Shell Petrochemicals Company (CSPC), has announced an investment of 44.8 billion yuan ($6.3 billion) to expand its facility in Huizhou, Guangdong province. This expansion aims to increase the production capacity of ethylene, a key raw material for various products, from 1.2 million tonnes per year to 3.2 million tonnes. The project includes the construction of new production units and is expected to be completed by 2025. This move is part of a broader strategy to meet the growing demand for chemicals in China, driven by sectors like packaging, construction, and automotive industries. The expansion will also incorporate advanced technology to enhance efficiency and reduce environmental impact.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/energy/shell-cnooc-joint-venture-expand-south-china-petrochemical-complex-2025-01-15/ ]
Contributing Sources