Glencore is working jointly with Indonesia’s PT Chandra Asri Petrochemical to evaluate the assets. — Reuters
SINGAPORE: Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier suitors dropped out, several industry and trading sources say.
Glencore is working jointly with Indonesia’s PT Chandra Asri Petrochemical to evaluate the assets, two of the sources said.
