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The Economic Times
The Economic Times

Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reports

Oil major ​Shell has drawn interest ​from potential bidders, including ExxonMobil and LyondellBasell, ​for its U.S. chemical assets that could fetch up to $8 billion, the Financial Times reported on Monday.

Private equity ‌firm Apollo ⁠Global ⁠Management and the chemicals arm of state-owned Kuwait Petroleum ​Corporation have also expressed interest in the assets, the report ​said, citing people familiar with the matter, as Shell seeks to divest underperforming underperforming chemical plants.

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