With an increased focus on climate change concerns and sustainability, shifting consumer habits will impact the refining industry in an unprecedented manner.
Emphasis on reducing the use of fossil fuels and the carbon
footprint of everyday human activities will cause a peak in fuel
At the same time, chemical derivatives demand is forecast to continue to grow as the population increases and living standards improve across the world. An option for lost fuels demand is transforming those hydrocarbons into petrochemical feedstocks.
Principal Analyst, Light Olefins, IHS Markit
Vice President, Oil markets and Downstream Refining
Associate Director, Oil, Midstream and Downstream, IHS Markit
Director, Global Refining and Marketing, IHS Markit
IHS Markit experts will review report topics, key questions, and provide some early findings, including insights on:
- Economic and long-term product demand outlooks
- Refining/petrochemical integration technology highlights
- Supply questions
- Potential impact on margins