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Royal Dutch Shell Plc. (LSE:RDSA) | RNS | ROYAL DUTCH SHELL PLC 2ND QUARTER 2021 AND HALF YEAR UNAUDITED RESULTS

Royal Dutch Shell Plc. (LSE:RDSA) | RNS | ROYAL DUTCH SHELL PLC 2ND QUARTER 2021 AND HALF YEAR UNAUDITED RESULTS
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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Shell Sells Stake in PCK Schwedt Joint Venture Refinery to Alcmene

Shell Sells Stake in PCK Schwedt Joint Venture Refinery to Alcmene
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SHELL: Minority shareholding in PCK Schwedt refinery sold to Alcmene / Energy group refocusing on core refining sites

Estonia s Liwathon has taken over Shell s minority stake (Photo: PCK)
Shell Deutschland, subsidiary of
PCK Schwedt refinery to
Alcmene (Vienna / Austria; www.alcmene.com), part of the Estonian
Liwathon Group (www.liwathon.co.uk), the largest independent oil products terminal operator in the Baltic Sea rim. The transaction is expected to close in the second half of 2021, subject to partner rights and regulatory approval. The refineryâs other shareholders â Russiaâs
Rosneft with 54.17% and Italyâs
Eni with 8.33% â may exercise their pre-emption rights within three months after conclusion of the sale and purchase agreement.
The energy group said the divestment, which will not impact any of its other interests or activities in Germany or affect employees, is part of its strategy to concentrate its global refinery footprint at core sites integrated with its trading hubs, chemical plants, and marketing businesses. In October 2020 ....

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- Shell sells its minority shareholding...

- Shell sells its minority shareholding...
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Shell sells stake in PCK Schwedt Refinery - Chemical Engineering

Shell sells stake in PCK Schwedt Refinery - Chemical Engineering
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