Tag: downstream business

Shell to sell majority of Chile downstream unit

Shell has agreed to sell most of its downstream business in Chile to Quiñenco for a total value of approximately USD 614 million. Under a separate contract, Quiñenco has also been appointed as a Macro Distributor to market, sell and distribute Shell branded lubricants in Chile; they will become the delivery service provider for Shell Marine Products' international customers in the country.