Shell believes in Europe and

Shell has conducted a strategic review of its chemical product operations in Europe and the United States, which could lead to asset sales. The energy giant hired Morgan Stanley for this assessment, Texas’s Deer Park facility was included in the comments, according to the Wall Street Journal.

This latest consideration comes after Shell’s recent sale of its refining and chemical complex in Singapore, which was once heralded as the world’s largest member. Shell warned that Shell’s trading performance has declined due to changes in seasonal demand, so the decision to review its chemical assets is the reason for the forecast decline in its chemical and petroleum products sectors.

Industry data from the Indexbox platform highlights growth trends for major companies to optimize their asset portfolios, but this may stimulate Shell’s current strategic assessment as global demand fluctuates.

Source: Index Box Market Intelligence Platform