ExxonMobil is selling its Santoprene global rubber business for $1.15 billion as the oil major continues to streamline its operations in the wake of the pandemic-driven oil bust, The Houston Chronicle reports. Although crude prices have rebounded to near $75 a barrel, ExxonMobil continues to seek ways to improve its balance sheet and grow its
ExxonMobil to sell rubber business as it continues reducing operations
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