ExxonMobil + Huizhou Daya Bay Petrochemical Industrial Park
ExxonMobil
Spring, Texas · 1 relationship
Active relationship
Wholly-Owned · 2025–present
Huizhou Daya Bay Petrochemical Industrial Park
Huizhou, Guangdong · 1 relationship
Analysis
ExxonMobil’s Huizhou project is a wholly owned chemical complex in the Dayawan Petrochemical Industrial Park in Guangdong. [3] ExxonMobil announced the final investment decision in 2021 and described the project as a multibillion-dollar complex centered on a flexible-feedstock steam cracker and downstream polyethylene and polypropylene units. [3] The planned products were aimed at packaging, hygiene, automotive, agricultural, and other consumer applications in China and the wider region. [3]
Construction began in April 2020, and the complex officially started operations on July 15, 2025. [4] Xinhua described Phase 1 as the first major petrochemical project in China wholly owned by a U.S. company and reported a flexible-feedstock cracker with annual ethylene capacity of 1.6 million tonnes. [4] The same report identified associated polyethylene and polypropylene units and characterized the complex as a two-phase project. [4]
ExxonMobil’s 2025 Form 10-K lists the Huizhou asset at 100% interest and reports year-end capacities of 1.6 million tonnes per year of ethylene, 1.7 million tonnes of polyethylene, and 0.9 million tonnes of polypropylene. [1] ExxonMobil’s current sustainability reporting says the complex completed ahead of schedule and under budget after 84 million work hours without a major safety incident. [2] The company also says the site’s wastewater systems were designed to treat and reuse 60% to 70% of water in on-site cooling towers. [2]
The facility represents a direct-investment and manufacturing platform rather than a joint venture with a Chinese industrial partner. [1] Its flexible feedstock configuration and integrated polyolefin units are intended to supply higher-value materials close to one of China’s largest manufacturing and consumer markets. [3] The public disclosures verify ownership, start-up timing, published capacity, and selected environmental-performance estimates, but they do not provide a standalone partnership-revenue figure for the Huizhou complex. [1] [2]
Participants
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Spring, Texas · 1 record in this database
ExxonMobil’s corporate history traces more than 140 years of petroleum and petrochemical activity. The company’s historical account links its lineage to the 1870 formation of Standard Oil Company of Ohio and records that Exxon and Mobil joined to form Exxon Mobil Corporation on November 30, 1999. The company currently operates under familiar Exxon, Esso, and Mobil brands. [1]
ExxonMobil’s 2025 Form 10-K describes an integrated business model that includes exploration for and production of crude oil and natural gas; manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and specialty products; and development of lower-emission and other new business opportunities. The filing lists Spring, Texas, as the address of the corporation’s principal executive offices. [2]
The company organizes its activities around three businesses: Upstream, Product Solutions, and Low Carbon Solutions. Product Solutions contains Energy Products, Chemical Products, and Specialty Products, covering fuels, aromatics, catalysts, olefins, polyolefins, intermediates, lubricants, basestocks, waxes, synthetics, elastomers, and resins. [2] [3]
Low Carbon Solutions is developing and commercializing carbon capture and storage, hydrogen and ammonia, lower-emission fuels, Proxxima resin systems, carbon materials, low-carbon data centers, and lithium, according to the 2025 filing. ExxonMobil therefore presents its current portfolio as a combination of continuing oil, gas, refining, chemical, and specialty-products operations with selected lower-emission technologies and new businesses. [2] [3]
Huizhou Daya Bay Petrochemical Industrial Park
Huizhou, Guangdong · 1 record in this database
Huizhou Daya Bay Petrochemical Industrial Park is the petrochemical cluster within Huizhou Daya Bay Economic and Technological Development Zone in southern Guangdong. The Daya Bay development zone was approved by China’s State Council in May 1993, and the zone’s official overview describes it as a major petrochemical base on the eastern side of the Pearl River Delta. [1] The Huizhou Industry and Information Technology Bureau identifies the petrochemical zone as a planned 31-square-kilometer area inside the 293-square-kilometer development zone. [2]
The park is an industrial ecosystem rather than a single corporate operating entity. The municipal profile identifies petroleum and chemical production, port logistics, electronics, automobile components, and equipment manufacturing among the zone’s priority industries, and reports refining capacity of 22 million tonnes per year and ethylene capacity of 2.2 million tonnes per year. [2] Guangdong’s green-petrochemical action plan identifies the Daya Bay base as one of the province’s principal petrochemical bases, led by CNOOC Huizhou Petrochemical, CNOOC–Shell ethylene, and the ExxonMobil Huizhou ethylene project, with an emphasis on connected upstream, midstream, and downstream chains. [3]
CNOOC and Shell Petrochemicals Company, or CSPC, is one of the anchor enterprises in the park. CSPC says it was established in 2000 as one of China’s largest petrochemical joint ventures and that its operations place health, safety, and environmental management at the center of the business. [4] The company’s public materials also say that its Huizhou Phase 3 ethylene and polycarbonate projects entered full-scale construction after a final investment decision in 2024. [4]
The park’s recent scale is reflected in a Guangdong government foreign-affairs profile that says it hosted 125 projects with total investment of 332.4 billion yuan and attracted 13 Fortune Global 500 companies; the same source says it ranked first among China’s Top 30 Chemical Parks for six consecutive years from 2019 through 2024. [5] These figures describe a shared production and logistics platform whose development depends on feedstock integration, downstream materials demand, coordinated utilities, and continuing safety and environmental oversight. [2] [3]