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...One option includes turning it into a cash-shell company that pursues acquisitions in new industries, the 63-year-old billionaire told the Financial Times in a rare interview....
...Complete, perhaps, with an 18th-century style shell grotto? I can dream . . . If you have a question for Luke about design and stylish living, email him at lukeedward.hall@ft.com....
...The surge came after western oil majors including Total, Shell and BP voluntarily scaled back their Russian operations, including sales of lubrication oils used in vehicle transmissions and engines, following...
...Part of the problem involves its chemicals unit. Shell thinks that its chemicals margin, a measure of profitability, will go up in the final quarter from the last period....
...In a worrying sign for the global economy, Shell’s chemicals and products division, which produces refined fuels, reported adjusted earnings of just $83mn because of lower refining margins, lower demand...
...“This is another important milestone,” said Machteld de Haan, executive vice-president for chemicals and products at Shell....
...What’s more, “polyester doesn’t take on chemicals and dyes as readily as natural fibres”, reports George Harding-Rolls of Eco-Age. “So you need to use more chemicals to achieve the same effect.”...
...Demand for ammunition has soared with Ukraine consuming shells at high rates in its war against Russia....
...There has also been a shortage of propellant, which takes several months to make, and of its precursor chemicals....
...In its order intake, Nucera snagged contracts from Swedish producer H2 Green Steel, and from a Shell project in the Netherlands. That is helpful....
...Swedish steelmaker SSAB is among the European winners of a series of US government investments in an $6bn effort to decarbonise manufacturing, across high polluting sectors such as steel, cement, chemicals...
...Taking into account plant closures and sales, Shell will have reduced its capacity by 33 per cent over that period, while BP’s will have fallen by 10 per cent....
...Conversely, US industry — including steel and chemicals — might benefit from the added availability of even cheaper natural gas....
...But then, I have pulled out nettles, which are food for valuable pollinators red admiral, small tortoise-shell, painted lady and comma butterflies....
...Chemicals companies, for instance, have been at a disadvantage compared with their peers in the US. LNG sellers, however, face choppy seas....
...“Disappointing numbers,” said Biraj Borkhataria, an analyst at RBC Capital Markets, adding that a $468mn loss in Shell’s chemicals division because of weak demand had been bigger than expected....
...At Ineos, which derives almost all its revenue from a global network of chemical and oil refining plants, every business review begins with an update on plant and worker safety....
...gas prices, Shell said on Thursday....
...Rumours of potential buyouts by the group have swirled this year, including reports that Tata was in talks to buy a majority stake in Indian snack giant Haldiram, but was not prepared to shell out for the...
...But it is those industries that seem less exposed directly but are nonetheless dependent on nature for their supply chains — such as mining, chemicals, aviation, real estate and tourism — where boards need...
...What it really needs is people to step up and make it,” said Davis, who worked at Shell for more than 30 years....
...At a level both subconscious and chemical, both parties breathe easier. Sham plants rip up that agreement, and as with the breaking of any contract, there’s a price to pay....
...Climate campaigners have also criticised him for working for Shell in the early 2000s. The Greens backed both commissioners on Wednesday, along with the Socialists, EPP and liberal Renew....
...Asawa said her inspirations were “the spiral shell of a snail, seeing light through insect wings, watching spiders repair their webs in the early morning” — impermanent, contingent things, the opposite of...
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