
Qatar to buy stake in Shell's Singapore venture
Qatar: 2009-11-10 10:10:10
Qatar Petroleum International will sign an agreement today to take a stake in Royal Dutch Shell's chemical joint ventures in Singapore, Bloomberg has reported. Shell's investments in the Singapore petrochemicals industry include two polyols plants and a joint-venture styrene monomer and propylene oxide plant, in addition to a 50% stake in the Petrochemical Corp. of Singapore, a chemical joint venture with Japan-Singapore Petrochemicals Co.