Shell expects USD3.5-4.5 billion in fourth-quarter charges, improved chemicals margins
21.12.2020
MOSCOW (MRC) -- Shell says it expects improved base and intermediate chemicals margins in the fourth quarter compared with the third quarter of 2020, reported Chemweek. The company did not give specific estimates for the forecast margins in a trading update for the fourth quarter issued today.Group post-tax charges of USD3.5-4.5 billion are also expected in the fourth quarter related to "