Shell's US Chemical Assets Attract Bids Up to $8 Billion
ExxonMobil, LyondellBasell, and Apollo are among potential buyers for the assets.
AI-assisted coverage comparison, editor-supervised · How this was made

Shell's US Chemical Assets Attract Bids Up to $8 Billion
Photograph: Times of India (embedded from source)
What this story says
- Shell is looking to sell its U.S. chemical assets, which include plants in Louisiana, Texas, and Pennsylvania.
- The assets could fetch up to $8 billion, according to reports.
- ExxonMobil, LyondellBasell, private equity firm Apollo Global Management, and Kuwait Petroleum Corporation have expressed interest.
- Potential buyers submitted non-binding offers last month, with bids for the entire business or parts of it.
Who covered it
Percentages are shares of the 12 outlets carrying a published leaning rating. 5 of the 17 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .
Trust
60/100
Craft
60/100
Hype
20/100
17 sources · methodology
Missing from the left
Only 1 of the 12 outlets with a published leaning rating that ran this story are rated left.
A reader who follows the left would not have seen this. We report the absence rather than explain it: outlets choose what to cover for many reasons, and we have no evidence about which one applies here.
Oil major Shell has attracted interest from several potential buyers for its U.S. chemical assets, which could be valued at up to $8 billion. Companies including ExxonMobil and LyondellBasell, along with private equity firm Apollo Global Management and the chemicals arm of Kuwait Petroleum Corporation, have expressed interest. Shell aims to divest underperforming chemical plants as part of its strategy to focus on higher-return activities. The U.S. chemical business comprises plants at four sites across Louisiana, Texas, and Pennsylvania.
Potential buyers submitted non-binding offers last month. These offers range from proposals to acquire the entire business to bids for specific parts of it. The Financial Times reported that the potential sale price represents a significant discount compared to the capital Shell has invested in these facilities.
Disagreement on bid details
While multiple reports state that potential buyers submitted non-binding offers last month, the Financial Times, as reported by The Times of India and The Economic Times, noted that these bids ranged from proposals for the entire business to parts of it. Other digests did not specify this detail.
What the coverage left out
None of the centre or right-rated reports mentioned that Shell agreed to sell its onshore renewables power business in Europe to TotalEnergies earlier this month, a detail included in the full reports from The Times of India and The Economic Times. Furthermore, no left-rated outlet ran this story at all.
Coverage settled. We checked this 10 times and stopped on 30 Aug 2026, 00:15. The figures above are what it finished at.
How each side covered it
Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.
Left
1 rated outlet
We have not written our reading of the left coverage of this story. The left-rated outlets that ran it are listed below.
Centre
5 rated outlets
- The centre-rated reports led with the potential sale of Shell's U.S. chemical assets and the estimated value of up to $8 billion. They named ExxonMobil and LyondellBasell as potential bidders, citing the Financial Times. These reports also mentioned Apollo Global Management and Kuwait Petroleum Corporation's interest, and that Shell is divesting underperforming plants. The locations of the plants in Louisiana, Texas, and Pennsylvania were also included.
Right
6 rated outlets
- Right-rated reports highlighted that several parties are interested in acquiring Shell's U.S. chemical operations, with the Financial Times cited as the source. They named ExxonMobil, LyondellBasell, and investment firm Apollo as expressing interest. Some reports also mentioned the potential value of up to $8 billion and that Shell seeks to divest underperforming plants.
Questions about this coverage
- How did the left and right cover Shell's US Chemical Assets Attract Bids Up to $8 Billion?
- Of the 12 outlets on this story carrying a published leaning rating, 8% are rated left, 42% are rated centre, 50% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 17. The sections above set out what each side emphasised, in its own terms.
- Is Shell's US Chemical Assets Attract Bids Up to $8 Billion left or right?
- Neither side dominates it. Of the 12 rated outlets on this story, 8% are rated left, 42% are rated centre, 50% are rated right, and no side holds the 70% this site would want before calling a field one-sided. A story is not left or right in any case; the outlets that carried it are what carry ratings.
- Is the coverage of Shell's US Chemical Assets Attract Bids Up to $8 Billion biased?
- Shell's US Chemical Assets Attract Bids Up to $8 Billion is one event reported by 17 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
- Which side is not reporting Shell's US Chemical Assets Attract Bids Up to $8 Billion?
- When we first saw this story, outlets rated left had barely covered it. Coverage accretes for hours after an event, so that is where to look rather than a verdict — the split above is the current count, and it is the one to read.
- Which outlets covered Shell's US Chemical Assets Attract Bids Up to $8 Billion?
- 17 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
- What U.S. chemical assets is Shell looking to sell?
- Shell is considering selling its chemical plants located at four sites in Louisiana, Texas, and Pennsylvania. These facilities produce chemicals used in plastics, detergents, and pharmaceuticals.
- Who has expressed interest in buying Shell's U.S. chemical assets?
- Potential buyers include major companies such as ExxonMobil and LyondellBasell, as well as private equity firm Apollo Global Management and the chemicals division of Kuwait Petroleum Corporation.
- What is the estimated value of Shell's U.S. chemical assets?
- Reports suggest that Shell's U.S. chemical assets could fetch up to $8 billion. This reported price is considered a steep discount to the capital Shell has invested in these facilities.
- When did potential buyers submit their offers?
- Potential buyers submitted non-binding offers last month. These bids varied, with some proposing to purchase the entire business and others focusing on acquiring specific parts of it.
Read it at the source
17 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.
Left
1Centre
5- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reports (opens Reuters in a new tab)
- Shell could sell U.S. chemicals division for $8 billion as it refocuses on oil and gas (opens NL Times in a new tab)
- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reports (opens BIC Magazine in a new tab)
BIC Magazine — is BIC Magazine biased? Our profile of this outlet
- Exxon Eyes Shell’s $8 Billion U.S. Chemicals Business (opens Oil Price in a new tab)
- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reports (opens The Economic Times in a new tab)
The Economic Times — is The Economic Times biased? Our profile of this outlet
Right
6- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch US$8 billion, FT reports (opens Business Times in a new tab)
Business Times — is Business Times biased? Our profile of this outlet
- Shell Can Get $8 Billion for Chemical Assets in the U.S. by Attracting Interested People, Says Newspaper (opens Globo in a new tab)
- Shell Attracts Several Potential Buyers for Chemical Assets in the U.S. Economic Journal (opens Sapo in a new tab)
- ‘Interest in Acquiring Shell’s US Chemical Operations’ (opens BNR Nieuwsradio in a new tab)
BNR Nieuwsradio — is BNR Nieuwsradio biased? Our profile of this outlet
- FT: Interest in Acquiring Shell's US Chemical Operations (opens Reformatorisch Dagblad in a new tab)
Reformatorisch Dagblad — is Reformatorisch Dagblad biased? Our profile of this outlet
- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reports (opens Times of India in a new tab)
Times of India — is Times of India biased? Our profile of this outlet
Not rated
5- Four Bidders Circle Shell's Monaca, PA Ethane Cracker Plant - Marcellus Drilling News (opens Marcellus Drilling News in a new tab)
Marcellus Drilling News — is Marcellus Drilling News biased? Our profile of this outlet
- Shell sells US chemical business (opens Bioplastics News in a new tab)
Bioplastics News — is Bioplastics News biased? Our profile of this outlet
- Shell's American Chemistry Attracts Large Fish From the Sector (opens Le Singulier in a new tab)
Le Singulier — is Le Singulier biased? Our profile of this outlet
- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch US$8 bil, FT reports (opens The Edge Markets in a new tab)
The Edge Markets — is The Edge Markets biased? Our profile of this outlet
- Exxon, Apollo Among Suitors for Shell US Chemicals Unit, FT Says (opens BizToc in a new tab)
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