The hottest shell chemical will invest in large-sc

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Shell chemical will invest in large-scale petrochemical projects in Guangdong

this article is from global plasticizing network pvc123 Comshell chemical has decided to carry out the largest local petrochemical investment project in Huizhou, Guangdong Province, while postponing the Singapore investment plan with Sumitomo chemical. Shell chemical has encountered huge business opportunities in China's renewable 90 degree peel plastic granulator equipment manufacturers. At present, the recycling rate of waste plastics in China is not high. The mainland has invested $1.6 billion in petroleum and gas products. Yunnan will also vigorously develop the business of new functional materials. At present, it has decided to focus on Petrochemical plans, east-west pipelines, gas related projects, and carry out an investment of $5billion by 2005, The largest investment project will be the petrochemical project in Huizhou, Guangdong Province, with an annual output of 800000 metric tons of ethylene based derivatives such as PE, Sm/PO, PP, Meg, etc., with an investment of $4.3 billion. On the other hand, the Singapore ethylene center construction project, which was originally planned to be jointly invested with Sumitomo chemical/Mitsui chemical, needs to wait until Huizhou is completed before deciding on the investment policy. If Singapore has to wait until 2008 for the completion of a new ethylene plant as soon as possible, during this period, Singapore's olefins and other basic raw materials may be insufficient

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