Which companies have expressed interest in acquiring Shell's US chemicals business, according to the Financial Times?

According to the Financial Times report, the potential bidders that have expressed interest in Shell's US chemicals business are ExxonMobil Holdings Corp., LyondellBasell Industries NV, Apollo Global Management Inc., and the chemicals arm of Kuwait Petroleum Corp.

What is the estimated sale value of Shell's US chemicals assets, and how does it compare to Shell's investment?

The Financial Times reported that Shell's US chemicals assets could fetch as much as $8 billion, which represents a steep discount to the amount Shell has invested in the business.

Exxon Among Suitors for Shell US Chemicals Unit, FT Says

Aug 23, 2026

Shell Plc is seeking buyers for its US chemicals unit, with ExxonMobil among suitors in talks for assets valued at up to $8 billion, including a major polymer production complex.

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