IHS Chemical Week

Regions :: Western Europe :: U.K.

Shell Signs Agreement for Sale of U.K. Refinery to Essar

2:37 PM MDT | March 29, 2011 | Ian Young

Shell says it has signed a sales and purchase agreement for the previously announced $1.3-billion divestment of the company's Stanlow, U.K. refinery to Essar Oil U.K., a subsidiary of Essar Energy (Mumbai). The companies signed an exclusivity agreement in February for the transaction. Shell expects to complete the deal in the second half of 2011. The Stanlow refinery has a capacity of 270,000 bbl/day, 15% of total U.K. refining output. Shell put the Stanlow refinery up for sale in 2009 as part of a broader plan to cut capacity due to a decline in refining...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa