06 October 2010 15:52 [Source: ICIS news]
LONDON (ICIS)--Shell Chemicals continues to look for production growth in the Middle East and China, a company official said late on Tuesday.
Shell Chemicals remains in negotiations with Qatar Petroleum for a worldscale petrochemicals complex in ?xml:namespace>
Joint preliminary studies with PetroChina and Qatar Petroleum are progressing on a worldscale integrated refinery and petrochemical complex in
ExxonMobil, Total and Shell are pursuing petrochemical investments in
Shell has deepened its relationship with Qatar Petroleum, selling shareholding in its twin
“We still have great interest in working with the Qataris and believe we have the technologies, project management and marketing expertise to add value to such a project,” said a Shell spokesman.
Shell signed a letter of intent in June 2008 for a yuan (CNY) 80bn ($11.9bn) 20m tonne/year refinery and 1.2m tonne/year petrochemical complex at Taizhou, in eastern China's Zhejiang province, with joint-venture partners PetroChina and Qatar Petroleum.
The chemicals product slate for the petrochemicals complex had been decided in principle, Shell said in May.
“Shell is pleased to have an upstream footprint [in
Shell is developing an oil field in
($1 = CNY6.69)
Nigel Davis contributed to this article
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections