What did Shell PLC do in July regarding its US chemical assets, according to the Financial Times report?

In July, Shell PLC accepted multiple non-binding indicative bids for all or part of its US chemical assets, as reported by the Financial Times on August 24, citing 'people familiar with the matter'.

Which companies were named as bidders for Shell's US chemical assets in the Financial Times report?

The Financial Times report stated that the bidders included Exxon Mobil Corp. and LyondellBasell Industries Ltd.

Shell Taking Bids for US Chemical Assets: Report

Aug 26, 2026

Shell PLC accepted multiple non-binding bids for its US chemical assets from major producers like Exxon Mobil and LyondellBasell, according to a Financial Times report.

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