U.S., Jan. 15 -- Royal Dutch Shell signed a memorandum of understanding (MoU) with China National Offshore Oil Corp (CNOOC) to build its first commercial-scale polycarbonate production plant in the southern city of Huizhou.

Polycarbonate is a transparent and impact-resistant polymer, widely used to make vehicle headlights and LED spotlights.

"(Huizhou city government) is in touch with Shell and CNOOC for detailed investment and production plans," said Liu Ji, mayor of Huizhou, on the sideline of a conference in Guangzhou on Thursday.

The MoU follows an agreement reached by the two energy giants in October 2018 that aims to build more production equipment at their jointly-owned petrochemical complex in Huizhou, reports Reuters

CNOOC an...