Production assets may be up for sale, repurposing, or closure as the oil major targets net zero by 2050

As Shell proceeds with its Energy Transition initiative that will see it become more of a natural gas giant than an oil major, its petrochemical assets in Singapore have come under the spotlight, with talk of divestiture, “repurposing,” or even closure if a suitable buyer or buyers cannot be found

Shell operates or has stakes in multiple petrochemical plants producing ethylene, propylene, butadiene, styrene, benzene, polyols that can be used…

Full text: https://www.plasticstoday.com/business/shell-seeks-exit-petrochemicals-singapore

Author

Stephen Moore

Source

Plastics Today, 2023-06-16.

Supplier

Dow Chemical Company
Mitsubishi Chemical
Shell Group
The Polyolefin Company (TPC)

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