Shell is considering a potential sale of its chemicals assets in both Europe and the U.S.—including its Deer Park facility in Houston, according to a new report

(Reuters) - Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.

Shell (SHEL) will likely garner attention on Monday after the Wall Street Journal reported that the company is exploring a potential sale of its European and U.S. chemical assets. The report, citing people familiar with the matter,