Understand your competitive position with economic estimates for plants by technology and feedstock.
As energy demand fluctuates and prices rise and fall, the investment thinking of the chemical industry shifts. Rising ambiguity is causing petrochemical decision makers to reconsider the pace and direction of their capital investments. In fact, IHS Markit has seen a collective pause in investment decisions for capacity that would come online in 2020 and beyond, however any sustained pause in investment may cause tight market conditions, with supply falling behind demand. Under these volatile market conditions, we understand your need to gain insight on the implications associated with changes in the global cost environment, to evaluate the viability of a project.
What IHS Markit can do for you:
- Gain actionable insight on emerging chemical technologies, as well as key players, trends and the strategic issues driving the market/industry
- Evaluate aggregate capital and operating costs of your plant, including labor, engineering and project management costs, equipment, materials, electrical and other construction costs
- Understand your future competitive operational position by estimating economics for a hypothetical plant using any commercially operating technology