Entity

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.

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.