Explore All 483 Divestiture Energy Services and Equipment Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | October 4, 2024 |
| Target | Shell Energy and Chemicals Park |
| Sector | Energy Services and Equipment |
| Buyer(s) | Chandra Asri |
| Sellers(s) | Shell Singapore |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Chemicals |
| Employees | 3,832 |
| Revenue | 1.8B IDR (2024) |
Chandra Asri is the largest vertically integrated petrochemical company in Indonesia with facilities located in Ciwandan, Cilegon and Puloampel, Serang in Banten Province. CAP is Indonesia's premier petrochemical plant incorporating world-class, state-of-the-art technology and supporting facilities. At the heart of CAP lies the Lummus Naphtha Cracker producing high quality Ethylene, Propylene, Mixed C4, and Pyrolysis Gasoline (Py-Gas) for the Indonesian as well as regional export markets. Chandra Asri was founded in 1984 and is based in Jakarta, Indonesia.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: Singapore | 1 of 1 |
| Year: 2024 | 1 of 1 |
Shell is an international energy company that uses advanced technologies and takes an innovative approach to help build a sustainable energy future. Shell Singapore is based in Singapore.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: Singapore | 1 of 1 |
| Year: 2024 | 1 of 1 |
