17 Hrs
Source:
الاقتصادية
Exxon and Lundell Basil bid for $8B Shell assets
ExxonMobil and LyondellBasell are competing to buy Shell's chemical assets in the United States, which are estimated to be worth around $8 billion. The assets include manufacturing plants in Louisiana, Texas, and Pennsylvania, producing chemicals used in the production of plastics, detergents, and pharmaceuticals. Potential buyers submitted non-binding offers last month, with the deal facing a significant reduction in value compared to Shell's previous investment. Shell is seeking to develop its operations and focus on other sectors after agreeing to sell its European renewable energy business.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)