March 1, 2001
A joint venture led by Bechtel was awarded a contract by CNOOC and Shell Petrochemicals Company Ltd. for the CSPC Nanhai petrochemical complex at Huizhou, in southern China's Guandong province. The $4.05 billion, 800,000-ton-per-year ethylene-based project consists of 11 chemical plants and associated services. Completion in scheduled for late 2005. The joint venture also includes Foster Wheeler Energy Ltd. and Sinopec Engineering Inc.
Cspc Nanhai Petrochemical Complex Awarded To Bechtel-led Joint Venture