Oil companies signal strong intent to up material prices

Davis, Nigel; Richardson, John
May 2006
ICIS Chemical Business;5/22/2006, Vol. 1 Issue 20, p17
Trade Publication
The article reports on the strategies being implemented by Shell Chemicals to control the price of its feedstocks in light of the rising oil prices as of May 2006. According to Sven Royall, vice president for strategy & portfolio of Shell Chemicals, the company and their competitors have to push along feedstock prices. Shell sticks with its strategy of trying to do things in chemicals better and more simply. In the U.S., the company is prepared for what could be a difficult hurricane season on the Gulf Coast.


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