Big Challenges for Refiners
The energy transition has created different demand trends for the refined products and petrochemical industries. Refiners have a big challenge in front of them to stay competitive while the petrochemical industry struggles to find feedstocks long term. There are key considerations for the refinery and petrochemical industries regarding energy transition and integration.
- How does the energy transition impact the demand outlook for both refined and petrochemical products?
- What is the impact of these trends on feedstocks and what are the supply pinch points?
- What is the role for existing technology?
From Fuels to Chemicals study addresses IHS Markit's view on the complex product and feedstocks balance of the integrated downstream system under future scenarios.
This study will enable stakeholders to:
- Decide which technologies to invest in
- Determine how to construct new refineries
- Compare strategic position versus competitors
- Forecast future margins and profitability based on different infrastructure options
IHS Markit Fuels to Chemicals study can help you navigate the energy transition, adopt the right technologies, and consider the future market scenarios. Reconfigure your strategy knowing the risk and opportunities around the integration of these industries.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.