The energy transition is no longer part of a distant forecast but has arrived in many places around the world. This change will impact the refinery and petrochemical industries in profound way. The refining industry will face unprecedented challenges as the transportation sector reinvents itself and the demand for fuels no longer supports the current refinery setup.
This 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