01 April 2011 11:03 [Source: ICIS news]
LONDON(ICIS)--Shell has agreed to sell most of its downstream business in ?xml:namespace>
The sale covers all of Shell’s existing retail, commercial fuels, bitumen and chemicals businesses. The retail network of about 300 sites will continue to be Shell-branded through a trademark license agreement.
Business conglomerate Quinenco has also been appointed as a macro distributor. It will market, sell and distribute Shell branded lubricants in
Shell recently sold its Stanlow refinery in the
($1 = €0.70)
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