Shell Paves Lanzhou Airport Expressway

The newly built expressway was formally launched on 2 July 2015, after a successful onsite inspection in June 2015 by a 100-member contingent from the Gansu Expressway Bureau, led by the Deputy Director of the Gansu Communications Department, as well as road bureau directors from14 cities in Gansu province and engineering experts.

This project is part of China’s $79.8 billion infrastructure plan for Gansu province to facilitate trade and people exchanges between China and Central Asia, as part of the “One Belt, One Road” initiative in launched in 2013. The initiative will see the demand for high quality bitumen rise, needed to pave the thousands of kilometres of highways and high speed rail links. The total transport infrastructure investment in the initiative is estimated to hit $5 trillion in the next five years, equivalent to 2.5 times the market size in China.¹

Shell is one of largest international bitumen suppliers in China, and is the only IOC with a dedicated bitumen technical service team in the country. Shell imports most of its bitumen supply for China from its own plant in Pulau Bukom, Singapore, to provide Chinese customers with consistent high quality. Beyond just providing high quality bitumen, Shell also operates one of its three bitumen-dedicated Regional Solution Centres in Beijing, China. Shell operates three bitumen manufacturing plants as well as two joint venture plants in strategic regions throughout China, producing high quality polymer modified bitumen (PMB) products.

“We are looking to expand our business in China, widening our business reach into provinces in China’s northwest and southwest regions. We are looking forward to supporting China’s infrastructure boom with our high-quality products and attentive technical services,” said Jian Ping Shen, General Manager of Shell Bitumen China.

Shell Bitumen markets both conventional bitumen and specialised bitumen products to customers in China, including Shell Cariphalte, its polymer modified bitumen (PMB) solution recommended for use in heavy duty applications like expressways, airport runways, etc. Shell also markets a range of emulsions used in road paving and other asphalt-based products used in industrial applications like waterproofing. Shell Bitufresh, a specially formulated bitumen additive designed to neutralise bitumen odour, is also offered in China.

Shell Bitumen has supplied its expertise in bitumen technology to some of China’s most important infrastructure projects including the 302km-long Guangdong Guangle Expressway, Beijing’s Changan Avenue’s East section and 2nd Ring road used during the APEC meeting held in Beijing in 2014. Shell also supplied bitumen for the roads surrounding Beijing Olympic Park and the China Pavilion during the 2010 World Expo held in Shanghai. Shell also played a key role during the construction of the Beijing-Shanghai, Harbin-Dalian, Beijing-Shijiazhuang and Guangzhou-Shenzhen-Hong Kong high-speed railway projects.

^{1 “One Belt, One Road: Building Links, Strengthening Influence”, Fidelity Worldwide Investment, 2015}

Notes to Editors

• Shell is the world’s largest bitumen marketer, and delivers enough bitumen to pave a one-lane kilometre road every four minutes.
• Shell Bitumen was recently named the winner of the 2015 Global Road Achievement Awards (GRAA) by the International Road Federation (IRF) in the research category for its product Shell Bitufresh.
• Shell is a leader in bitumen technology, and recently published the “Shell Bitumen Handbook, Sixth Edition”, which covers the latest topics in bitumen technology and application.
• Shell Bitumen also offers its customers fixed price risk management services, allowing contractors greater price stability, enabling them to plan project budgets more accurately.
• Shell Cariphalte has a proven track record and is differentiated by Shell’s capability in technical expertise and a track record of over 40 years in PMBs.
• Shell Bitumen operates a network of Regional Technical Centres located in key regions (Beijing, China, Strasbourg, France, and Bangkok, Thailand.) Shell has also established its global bitumen R&D Centre in Bangalore, India.

Enquiries:

Shell Bitumen Global
Oliver Lim
+ 65 9727 8960
o.lim@shell.com

 

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this presentation “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them.

These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this presentation refer to companies in which Royal Dutch Shell either directly or indirectly has control. Companies over which Shell has joint control are generally referred to as “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”.

The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward looking statements concerning the financial condition, results of operations and businesses of Shell and the Shell Group. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.

Forward-looking statements include, among other things, statements concerning the potential exposure of Shell and the Shell Group to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "goals", "intend", "may", "objectives", "outlook", "plan", "probably", "project", "risks", "seek", "should", "target", "will" and similar terms and phrases.

There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates;

(f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and

(m) changes in trading conditions. All forward looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward looking statements. Additional factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2014 (available at www.shell.com/investor and www.sec.gov).

These factors also should be considered by the reader. Each forward looking statement speaks only as of the date of this announcement, 11 AUGUST 2015. Neither Shell nor any of its subsidiaries nor the Shell Group undertake any obligation to publicly update or revise any forward looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward looking statements contained in this announcement.