Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its...

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Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its Divestment In line with the vision to transform into a low carbon future, Shell, a global oil and gas company, confirmed on Thursday that its planning to begin the procedure for a permanent turnaround at its Louisiana Refinery by mid of November. Convent Refinery in Louisiana is spread under an area of 4000 acres and is engaged in the production of diesel, jet Fuel and sulphur. Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/shell-to-undertake-a- permanent-turnaround-at-its-convent-refinery-after-the-extended-delay-in-its-divestment-3400 The company has been slating to market the venture since July but despite of the vivid efforts to find a suitable buyer, no deal has reached the final call. Shell is presently aiming to reduce its number of refining sites to direct majority of its investments for establishment of an advanced integrated petrochemical sites. comprehending the requirement for plants that abide by the motive of low carbon mission. The company has ensured that it will take supreme responsibility of the people who have been directly affected by it. Owing to the sufficient business revenue, Shell has reported to continue with the plants at Geismar and Norco facility. As per ChemAnalyst,” Shell’s decision over imposing a permanent turnaround its Covent Refinery is under efforts to supply consumers with products that emit negligible carbon and sulphur content. As the company was struggling with its products offtakes due to crippled demand for petrochemical derivatives in US, the turnaround is anticipated to cause negligible effect to the present global market conditions.” About Us

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As per ChemAnalyst,” Shell’s decision over imposing a permanent turnaround its Covent Refinery is under efforts to supply consumers with products that emit negligible carbon and sulphur content. As the company was struggling with its products offtakes due to crippled demand for petrochemical derivatives in US, the turnaround is anticipated to cause negligible effect to the present global market conditions.”

Transcript of Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its...

Page 1: Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its Divestment

Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its

Divestment

In line with the vision to transform into a low carbon future, Shell, a global oil and gas company,

confirmed on Thursday that its planning to begin the procedure for a permanent turnaround at its

Louisiana Refinery by mid of November. Convent Refinery in Louisiana is spread under an area of 4000

acres and is engaged in the production of diesel, jet Fuel and sulphur.

Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/shell-to-undertake-a-

permanent-turnaround-at-its-convent-refinery-after-the-extended-delay-in-its-divestment-3400

The company has been slating to market the venture since July but despite of the vivid efforts to find

a suitable buyer, no deal has reached the final call. Shell is presently aiming to reduce its number of

refining sites to direct majority of its investments for establishment of an advanced integrated

petrochemical sites. comprehending the requirement for plants that abide by the motive of low

carbon mission.

The company has ensured that it will take supreme responsibility of the people who have been directly

affected by it. Owing to the sufficient business revenue, Shell has reported to continue with the plants

at Geismar and Norco facility.

As per ChemAnalyst,” Shell’s decision over imposing a permanent turnaround its Covent Refinery is

under efforts to supply consumers with products that emit negligible carbon and sulphur content. As

the company was struggling with its products offtakes due to crippled demand for petrochemical

derivatives in US, the turnaround is anticipated to cause negligible effect to the present global market

conditions.”

About Us

Page 2: Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its Divestment

ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and

in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+

analysts are engaged in tracking chemical prices daily, production capacity, demand and supply

outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major

chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning

research based management consulting firm providing market research and advisory solutions to the

customers worldwide, spanning a range of industries including Chemicals & Material, Automotive,

Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI

and more

For more information, please visit us at www.chemanalyst.com

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Source: ChemAnalyst