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BASF and Shell Chemicals have agreed to sell their 50-50 joint venture Basell, a leading polyolefins manufacturer, to a consortium led by Access Industries and The Chatterjee Group for €4.4 billion including debt.
Air Liquide signed renewal contracts with Shell Chemicals to supply Oxygen, Nitrogen, Steam and Electricity to Shell's Scotford facility near Fort Saskatchewan, Alberta, Canada. Air Liquide will invest in its Scotford site to enhance operational efficiency.