Glencore-Chandra Asri JV acquires Shell SG's energy and chemical assets

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pstrongThe companies expect to complete the transaction by year-end/strong/p pA joint venture formed by Glencore and Chandra Asri Group will acquire Shell’s Energy and Chemicals Assets in Singapore (SECP)./p pThe JV entered a sales and purchase agreement with Shell Singapore following a competitive auction process.

A joint venture formed by Glencore and Chandra Asri Group will acquire Shell’s Energy and Chemicals Assets in Singapore .

The JV entered a sales and purchase agreement with Shell Singapore following a competitive auction process.SECP comprises a refinery with a processing capacity of 237,000 barrels per day of crude oil, a 1.1 million metric ton per annum ethylene cracker on Bukom Island, and downstream chemical assets on Jurong Island....there are many ways you can work with us to advertise your company and connect to your customers.

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Source: News Formal (newsformal.com)

 

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