LONDON, Oct 29 (Reuters) - Royal Dutch Shell plans
to shrink its refining and chemicals portfolio from 14 to six
sites including its Deer Park, Norco, Pernis, Pulau Bukom,
Rheinland and Scotford sites, it said on Thursday without giving
a precise timeframe.
"The refining portfolio is expected to be transformed during
the energy transition ... into six high-value energy and
chemical parks integrated with Chemicals," Shell said.
"This is expected to be followed by further evaluation and
decisions on assets that could result in the recognition of
significant provisions and charges to earnings, some as early as
in the fourth quarter 2020."
(Reporting by Shadia Nasralla
Editing by David Goodman
)
