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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
Selecting Process Technology for New Chemical Plants
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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

Anadarko Advances Liquid Natural Gas Commercialization Opportunity in Mozambique with Third-Party Study

One of the world's largest independent energy exploration/production companies responded to a request from the Government of Mozambique by sponsoring a third-party study of requirements for developing trillions of cubic feet of natural gas as well as the value of related mega-projects for the local economy and people. The study was completed in only 30 days.

Learn more about our client's successes

Toray Industries America Implements Strategic Roadmap to Uncover New Markets for Aggressive Growth by 2020

This US subsidiary of the global industry leader – with headquarters in Japan and operations in 25 countries – compiled a list of more than 400 market opportunities before selecting 5 priorities and developing action plans to accelerate entry and increase traction in new markets. All five plans were approved by the parent company's CEO.

Learn more about our client's successes

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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Events

IHS Markit Conference 25 October 2021

GPS + PEPP

For 2021, the Global Plastics Summit (GPS) will be (...)

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IHS Markit Conference 22 March 2022

37th Annual World Petrochemical Conference

The World Petrochemical Conference is heading back (...)

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IHS Markit Conference 16 November 2021

WMC 2021: 39th Annual World Methanol Conference

Annual World Methanol Conference

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