January 1999

Trends and Resources

HP Impact: HPImpact: Shell reorganizes HPI divisions

Corporate realigning within large firms in the HPI continues. In December, Royal Dutch / Shell announced a major restructuring program. In a response to difficult economic times, the reorganization is..

Weirauch, Wendy, Hydrocarbon Processing Staff

Corporate realigning within large firms in the HPI continues. In December, Royal Dutch / Shell announced a major restructuring program. In a response to difficult economic times, the reorganization is intended to increase earnings, while lowering operating costs. The oil company has experienced falling earnings in three major business areas – exploration and production, refining and marketing, and petrochemicals. The first radical step will occur with the petrochemical division. Nearly 40% of Shell's chemicals portfolio will be sold. Shell will divest manufacturing facilities for PET, PS, PU foams, resins, GPR / elastomers, PVC, bisphenol-A and others. Product groups will decre

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}