Shell Oil Products, a subsidiary of Shell, is marketing its refineries in Mobile, Alabama and Puget Sound near Anacortes, Washington. The company said: “the decision is consistent with previously disclosed plans to reshape the refining portfolio globally to leverage Shell’s natural strengths and integration opportunities.”
Robin Mooldijk, EVP manufacturing, said: “We are refocusing our global presence in line with that of our customers trading operations and chemical plants. This will result in a more valuable, integrated downstream business.”
It added that the process may or may not result in a finalised sale transaction – and if it does not result in a sale, Shell said it plans to continue operating the refineries.
Mooldijk added: “Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance.”
The statement also said the US Gulf Coast will remain a key manufacturing hub for Shell, along with Rotterdam and Singapore.
For more information visit www.shell.com
