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Exxonmobil is seeking to offload its european chemical plants in the uk and belgium as the sector reels from the impact of u.s

Tariffs and competition from china, the financial times reported on. Exxonmobil is seeking to offload european chemical plants as the sector reels from us tariffs and increased competition from china, according to people familiar with the matter. Exxonmobil is reportedly considering a $1 billion sale of its european chemical operations, including plastics production facilities in belgium and the united kingdom, amid global competition and. The financial times reported that exxonmobil was looking to sell its european chemical plants located in the uk, and belgium, as the industry struggles with the impact of u.s

Tariffs and the competition from china In recent weeks, the u.s Energy company has been in early discussions with advisors.

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