ExxonMobil, LyondellBasell emerge as potential buyers of Shell's U.S. chemicals assets
XOM ExxonMobil Holdings Corp
$165.11 -0.63%
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- 1ExxonMobil (XOM) and LyondellBasell (LYYB) have emerged as potential acquirers of Shell's (SHEL) U.S. chemicals assets
- 2Portfolio consists of four plants in Louisiana, Texas, and Pennsylvania, with a sale price of up to $8 billion
- 3Shell is scaling back its underperforming chemicals business and is also pursuing the divestiture of its European chemicals assets
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