Shell Mulls Sale of European, US Chemicals Assets, WSJ Reports
(Reuters) - Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.
Why Shell is looking to sell its chemical assets in the US and Europe
Oil and gas giant Shell is exploring a potential sale of its chemicals assets in Europe and the U.S., The Wall Street Journal reports. The sales considerations are part of a continuing drive by Shell to refocus the company’s business on its most profitable operations.
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Shell considers divestment of chemical assets in US and EuropeShell is considering the sale of its chemicals assets in Europe and the US, with Morgan Stanley conducting a strategic review ...
Potential buyers may include private equity firms and Middle Eastern entities seeking to expand capacity in the west, ...
Shell Group strengthens its presence in India's petrochemicals and lubricants market through the acquisition of Raj Petro ...
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