{"id":242791,"date":"2025-04-01T11:21:56","date_gmt":"2025-04-01T15:21:56","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/shell-completes-sale-of-its-singapore-refinery-to-the-capgc-joint-venture\/"},"modified":"2025-04-01T11:44:50","modified_gmt":"2025-04-01T15:44:50","slug":"shell-completes-sale-of-its-singapore-refinery-to-the-capgc-joint-venture","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/shell-completes-sale-of-its-singapore-refinery-to-the-capgc-joint-venture\/","title":{"rendered":"Shell completes sale of its Singapore refinery to the CAPGC joint venture"},"content":{"rendered":"\n<p>Shell Singapore Pte Ltd. (SSPL) <strong>has successfully completed the sale of its Energy and Chemicals Park<\/strong> in Singapore to the CAPGC joint venture. This transaction is part of Shell&#8217;s efforts to focus on improving the quality and efficiency of its <strong><a href=\"https:\/\/inspenet.com\/en\/news\/ecopetrol-petrochemical-export-model\/\" target=\"_blank\" data-type=\"post\" data-id=\"182555\" rel=\"noreferrer noopener\">chemicals business<\/a><\/strong> . The sale, completed through a share transfer of Aster Chemicals and Energy Pte. Ltd., represents a key step in Shell&#8217;s strategy to enhance its presence in the region.   <\/p>\n\n<h2 class=\"wp-block-heading\">Shell sells its refinery and strengthens its presence in Asia-Pacific<\/h2>\n\n<p>With this <strong><a href=\"https:\/\/www.shell.com\/news-and-insights\/newsroom\/news-and-media-releases\/2024\/shell-to-sell-interest-in-singapore-energy-and-chemical-park.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.shell.com\/news-and-insights\/newsroom\/news-and-media-releases\/2024\/shell-to-sell-interest-in-singapore-energy-and-chemical-park.html\" rel=\"noreferrer noopener\">previously announced<\/a><\/strong> sale, CAPGC, a strategic alliance between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings, becomes the new owner of the Singapore Energy and Chemicals Park. This partnership strengthens CAPGC&#8217;s capability in the production of high-quality chemical solutions, expanding its reach in the Asia-Pacific market.  <\/p>\n\n<p>Despite the change of ownership, Aster Chemicals and Energy Pte. Ltd. staff will continue to work under the new management. This ensures operational continuity and commitment to <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/api-574-standard-impact-pipeline-safety\/\" target=\"_blank\" data-type=\"articulo\" data-id=\"116541\" rel=\"noreferrer noopener\">industrial safety<\/a><\/strong> and reliability at the Singapore facility.  <\/p>\n\n<p>Shell continues to play a crucial role in supplying energy products to Singapore, a key hub for its energy trading and marketing activities. <strong>Shell also continues to invest in renewable energy infrastructure<\/strong> , including <strong><a href=\"https:\/\/inspenet.com\/en\/news\/la-giga-press-produce-electric-vehicles\/\" target=\"_blank\" data-type=\"post\" data-id=\"174521\" rel=\"noreferrer noopener\">electric vehicle<\/a><\/strong> charging and liquefied natural gas (LNG) supply. <\/p>\n\n<p><strong>Follow us on social media and don&#8217;t miss any of our posts!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" rel=\"nofollow noopener\" target=\"_blank\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" rel=\"nofollow\">X (Twitter)<\/a> <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a><\/p>\n\n<p><strong>Source: <a href=\"https:\/\/www.shell.com\/news-and-insights\/newsroom\/news-and-media-releases\/2025\/shell-completes-sale-of-interest-in-singapore-energy-and-chemicals-park.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.shell.com\/news-and-insights\/newsroom\/news-and-media-releases\/2025\/shell-completes-sale-of-interest-in-singapore-energy-and-chemicals-park.html\" rel=\"noreferrer noopener\">Shell<\/a><\/strong><\/p>\n\n<p><strong>Photo: Shutterstock<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAPGC becomes the new owner of the Singapore Energy and Chemicals Park following the sale to Shell.<\/p>\n","protected":false},"author":9014,"featured_media":242782,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-242791","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/242791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=242791"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/242791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/242782"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=242791"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=242791"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=242791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}