Shell could sell U.S. chemicals division for $8 billion as it refocuses on oil and gas

Shell has attracted interest from several potential buyers for its chemical business in the United States, according to the Financial Times. Among those reportedly considering a deal are ExxonMobil, LyondellBasell and investment firm Apollo, sources told the newspaper. Shell could raise around $8 billion by selling its U.S. chemical assets, the Financial Times reports. However, the company has not yet decided whether it will proceed with a sale.