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

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

Alberta's Industrial Heartland Association Uncovers Strengths and Attracts Unprecedented Interest from Global Investors

Dedicated to promoting sustainable development of Canada’s largest hydrocarbon processing region, this leading association gained objective, third party expertise/credibility for investor research that identified Alberta's 4 most competitive chemical products -- and brought 11 companies to Alberta for tours and discussions .

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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