By Wang Ying
Oct. 29 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company, and China National Offshore Oil Corp. will run their petrochemical venture in southern China at full capacity this year to meet rising demand.
“The annual capacity will meet design capacity, if not more,” Rob Routs, head of Shell’s refining business, told reporters in Beijing today. “It will be the same level next year, unless we find ways to develop the plant.”
The $4.3 billion chemical plant in Huizhou in Guangdong province started operating in January last year. Nearby, China National Offshore is building its first refinery to process as much as 12 million metric tons a year of crude oil into fuels starting in June 2008 and to supply naphtha to the chemical joint venture.
Shell and China National Offshore have operated the plant at 94 percent of capacity so far this year, compared with a rate of 85 percent in 2006, Routs said.
The company ended talks with China National Offshore Oil over the possibility to invest in a 19.3 billion-yuan ($2.5- billion) oil refinery in Guangdong province, Lim Haw Kuang, chairman of Shell’s companies in China, said in December.
Shell is still seeking opportunities to invest in refineries in China, Routs said. “We are pursuing a lot of options to make sure we get our position in refining in China,” he said.
Shell said last year it may invest in a refinery to integrate the facility with the Huizhou chemical joint venture.
To contact the reporter on this story: Wang Ying in Beijing at [email protected] .
Last Updated: October 29, 2007 06:25 EDT
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
