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SHEL Shell Plc

2,804.00
-0.50 (-0.02%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.02% 2,804.00 2,804.50 2,805.50 2,832.00 2,801.00 2,824.50 5,309,249 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.41 182.24B

BASF Sells Stake in Singapore Joint Venture to Shell

18/12/2014 7:04am

Dow Jones News


Shell (LSE:SHEL)
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By Friedrich Geiger

BERLIN--BASF SE (BAS.XE) and Royal Dutch Shell PLC (RDSA.LN) have reached an agreement for the sale of the German chemical company's 50% stake in their Singapore joint venture ELLBA Eastern to the oil group, BASF said Thursday.

The joint venture, which is operated by Shell, produces styrene monomer and propylene oxide. Financial details of the transaction weren't disclosed.

The ELLBA joint venture between Shell and BASF in Moerdijk, the Netherlands, isn't affected by the transaction.

-Write to Friedrich Geiger at friedrich.geiger@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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