Glencore, Chandra Asri Acquire Shell Refinery
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petrochemical salesReuters
•Exclusive-Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
80% Informative
Shell announced the sale of its 237,000 barrel-per- day refinery, steam cracker and petrochemical facilities on Bukom and Jurong Islands , a facility dating to 1961 .
The acquisition will provide Swiss -based trading house Glencore with access to more refined products and an outlet for crude.
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