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Shell's chemical sales volumes dip

7:28 AM MDT | October 31, 2013 | Ian Young

Shell says its chemical sales volumes slipped 2% in the third quarter from the corresponding period of last year, to 4.62 million m.t. However, chemical sales volumes increased from 4.21 million m.t. in the previous quarter. The year-on-year (YOY) decrease reflects an accounting policy change and contract expirations, partly offset by higher trading volumes, Shell says. Chemical manufacturing plant availablity increased YOY to 96%, from 89%, because of strong operating performance and lower planned maintenance, the company says. Shell does not break out financial...

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