Select Process Technology for New Plants

Simulate new investment projects to maximize returns and minimize risks.

When choosing the design for a new chemical plant, engineers aim for maximum throughput at minimum cost. The ability to keep pace with, compare and simulate new process technologies is critical to delivering the most productive, safe and environmental performance. To meet your investment objectives, you need to ensure you can leverage technological improvements and innovations to troubleshoot plant and refinery issues and increase production capacity.

IHS Markit can help you:

Develop plant simulations that meet your defined specifications for new investment projects
Benchmark plant operating parameters against those of competing processes and convert vast quantities of data into actionable metrics to help select project sites
Stay abreast of emerging chemical technologies, as well as key players, trends and the strategic issues driving individual chemical markets and the industry as a whole
Use feedstock, capital cost and demand driver information to select technologies based on their ability to maximize throughput at minimal cost
Develop unique margin scenarios with regional feedstock and product prices

Products & Solutions

Process Economics Program (PEP)

Detailed technical and economic evaluation with user-interactive models of over 2,000 commercial and emerging chemical, refining and related technologies.
Consulting Services

Client-tailored solutions, including market research, process evaluations, feasibility services, competitive structures, macroeconomics, strategic planning, benchmarking and M&A due diligence.
Chemical Economics Handbook (CEH)

Product-specific analysis of global markets, producers, demand and applications.
Customers receive individual reports containing a summary of commercial manufacturing processes, 5-year market outlooks, as well as supply/demand, trade and price data (available for over 300 chemicals).
Specialty Chemicals Update Program (SCUP)

Industry-specific analysis of global players, markets, applications and strategic issues.
Customers receive individual reports containing strategic analysis of 38 specialty chemical businesses, including market size, growth rates, industry structure, dynamics and major players, as well as critical success factors, market threats and opportunities.

IHS Markit Industry Insight

Customer Testimonial

"Today, this national oil company is ready to move ahead with plans to launch a chemical manufacturing business...Its shareholders can feel confident knowing that the company's leadership team has the world-class information and insights it needs from IHS Markit."

Industry Success Stories

L3 WESCAM leverages world-class media solutions to reach aerospace and defense decision makers

L3 WESCAM designs and manufactures industry-leading multi-spectral and multi-sensor EO IR imaging and targeting sensor systems. In this video, L3 Wescam Vice President, Government Sales and Business Development, Paul Jennison, explains what it is about media solutions from Jane’s by IHS Markit that he especially values and how Jane’s helps him to reach key decision makers.

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Latin American Petrochemical Company Makes Investment Decisions to Grow Market Share

Listen to Rina Quijada, Senior Director of Latin America for chemical, explain how a petrochemical company expanded its market share through solid, long-term investments in multiple countries using IHS Markit data and forecasting across the entire supply chain. From feedstocks to end-use products, company leaders are making informed business decisions that set the stage for long-term growth.

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Chemtura Uncovers Market Trends to Drive Innovation and Open Up New Business Opportunities

As a leader in the global specialty chemicals market, this US-based company has compressed business development research efforts from several months to a few weeks − supporting faster time to market -- as well as promoting a broader understanding of customer needs and uncovering fresh ideas from other fields.

Learn more about our client’s successes