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Shell Plans Next Wave of Projects in Shift to Asia and Mideast...

3:03 PM MDT | June 16, 2008 | Natasha Alperowicz in Singapore

Shell Chemicals continues to shift its assets to Asia and the Mideast and says that a recently announced world-scale propylene oxide-styrene monomer (POSM) project will form part of that strategy (CW, June 2, p. 9). The company says it has not decided whether to build the POSM unit in Asia or the Mideast. About 30% of Shell Chemicals’ assets will be in Asia and the Mideast in 2010, compared with 25% in 2000. Van Beurden: More ‘rabbits in the race.’ The company is planning to expand its Nanhai complex at Daya Bay, China and is exploring...

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