Shell Still Pondering Sale of Chemicals Div., Including PA Cracker

In March 2025, the Wall Street Journal reported that Shell is “exploring a potential sale of its chemicals assets in Europe and the U.S.,” which includes the Monaca (Beaver County, PA) ethane cracker complex (see Shocker: Shell Considers Selling Beaver County, PA Ethane Cracker). In August 2025, during a quarterly earnings call with analysts, Shell CEO Wael Sawan confirmed the rumor, saying Shell is “not the natural operator and owner of that asset” referring to the Monaca cracker plant (see Shell Looks to Sell All or Part of Monaca, PA Ethane Cracker Plant). Last Thursday, during Shell's latest quarterly update, Sawan once again reiterated the desire to sell the company's chemicals division, including the PA cracker, but only if it creates "shareholder value."

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