# CSPC starts construction of $6.6B Huizhou Phase 3 ethylene and polycarbonate projects

CNOOC and Shell Petrochemicals Company (CSPC) has made a final investment decision and started full-scale construction of two projects in Huizhou, China: the Phase 3 Ethylene Project (48 billion yuan) and the Polycarbonate Project (9.3 billion yuan). The ethylene project will add 1.6 million tonnes/year of ethylene capacity, and the polycarbonate project is scheduled for completion by end of 2026.

- Type: New facility
- Announced: 2025-01-16
- Where: Huizhou, Guangdong, China
- Value: $7.90B (57.3B CNY)
- Starts operating: 2026
- Status: under construction
- Capacity: 1.6 million tonnes/year of ethylene (Phase 3); 260,000 tonnes/year of polycarbonate
- Products: ethylene, polycarbonate, bisphenol A, diphenyl carbonate
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [CNOOC and Shell Petrochemicals](https://endata.com/companies/13946.md)
- [Shell](https://endata.com/companies/351.md) (partner)
- [CNOOC](https://endata.com/companies/2629.md) (partner)

## Sources

- [newsgd.com](https://www.newsgd.com/node_99363c4f3b/2db69f7032.shtml), 2025-01-16: "Recently, the final investment decision was made for the CNOOC and Shell Petrochemicals Company (CSPC) Huizhou Phase 3 Ethylene Project and Polycarbonate Project."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.