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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

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.

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