By OGJ editors
HOUSTON, Feb. 7 -- CSPC, the joint venture of subsidiaries of China National Offshore Oil Co. and Shell Petrochemicals Co., has awarded to JGC Corp., Yokohama, Japan, and its JV partner Stone & Webster Inc., Baton Rouge, La., a $500 million contract for engineering, procurement, and construction of an 800,000 tonne/year (t/y) ethylene plant at CSPC's planned Nanhai petrochemical complex at Huizhou in Guangdong Province, China.
The plant will form the core of a $4.3 billion petrochemical complex that will produce about 2.3 million t/y of products. The complex will include an ethylene cracker, an 857,000 t/y TCG hydrogenation unit, a 255,000 t/y benzene extraction unit, and a 130,000 t/y butadiene extraction unit.
The ethylene and propylene produced will be used as feedstock in the polyethylene and polypropylene plants, which also are to be constructed as downstream plants within the complex.
Project completion is targeted for September 2005.
CSPC is a JV of CNOOC Petrochemicals Investment Ltd. and Shell Nanhai BV.