Shell Draws Exxon Interest In $8bn US Chemical Assets Sale
Deals·2 articles across 2 outlets
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Shell is looking to sell its underperforming US chemical assets valued at $8 billion, attracting interest from Exxon and LyondellBasell. The UK group aims to refocus its operations on oil and gas.
The sale reflects Shell's strategy to shed non-core assets and streamline its business amid changing market dynamics.
ShellExxonLyondellBasell
Sources
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SourceReports the news
“US supermajor and LyondellBasell among suitors as UK group looks to shed underperforming plants and refocus on oil and gas”
FT — Shell draws Exxon interest in $8bn US chemical assets sale