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Market Chatter: Shell, ExxonMobil's Chemicals JV Reportedly Explores $8 Billion Sale
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10:16 AM EDT, 10/22/2026 (MT Newswires) -- Shell (SHEL.L, SHELL.AS) and ExxonMobil's (7DZ.F) chemicals joint venture Infineum is working with Bank of America for a potential $8 billion sale of the business, London's Financial Times reported Thursday, citing people familiar with the matter. The sale of UK-based Infineum, which manufactures additives for the fuel and lubricant sectors, could attract interest from private equity firms, the report said. However, the process is still in the early stages and there is no guarantee that a deal will be reached. Infineum did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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