A group of major energy and investment companies is weighing a potential acquisition of Shell\u2019s US chemicals operations in a transaction that could be worth up to $8 billion.<\/p>\n\n\n\n
ExxonMobil and LyondellBasell are among the prospective buyers, with Apollo Global Management and Kuwait Petroleum Corporation\u2019s chemicals division also reported to have expressed interest. <\/p>\n\n\n\n
The assets being considered include chemical production facilities in three US states: Louisiana, Texas and Pennsylvania.<\/p>\n\n\n\n
Shell\u2019s chemicals business supplies materials used across several industries, including plastics manufacturing, detergents and pharmaceuticals.<\/p>\n\n\n\n
The reported bidding process comes as Shell attempts to streamline its operations and concentrate resources on businesses it considers more strategically important.<\/p>\n\n\n\n
Shell has been selling selected assets as part of that effort, particularly operations that have faced weaker profitability or have not delivered returns consistent with the company\u2019s objectives.<\/p>\n\n\n\n
The potential sale could provide Shell with additional capital while allowing another operator to take control of the chemicals facilities.<\/p>\n\n\n\n
The bidding process is not yet a completed transaction. Initial proposals were non-binding, and interested parties are understood to have considered different approaches to the portfolio.<\/p>\n\n\n\n
Some bidders are looking at the assets as a package, while others may be interested in acquiring selected operations.<\/p>\n\n\n\n
The outcome could therefore involve a single buyer taking over the entire business or a division of the portfolio among several purchasers.<\/p>\n\n\n\n
The reported valuation of up to $8 billion would represent a significant transaction for Shell, although it is considerably below the amount the company has invested in some of the facilities over the years. <\/p>\n\n\n\n
Shell has not publicly confirmed the details of the bidding process.<\/p>\n\n\n\n
If a sale is completed, it would mark another step in the company\u2019s effort to reduce its exposure to chemicals and redirect investment towards its core energy operations.<\/p>\n","protected":false},"excerpt":{"rendered":"
A group of major energy and investment companies is weighing a potential acquisition of Shell\u2019s US chemicals operations in a transaction that could be worth up to $8 billion. ExxonMobil<\/p>\n","protected":false},"author":1,"featured_media":207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow7J_NDA:productID":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[24,82],"tags":[105],"class_list":["post-208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance","tag-shell"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/trendsmill.com\/wp-content\/uploads\/2026\/08\/img_1133.jpg?fit=1290%2C712&ssl=1","_links":{"self":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=208"}],"version-history":[{"count":0,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/posts\/208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=\/wp\/v2\/media\/207"}],"wp:attachment":[{"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trendsmill.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}