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Podcast: Petrochemicals and Refining Integration

23 July 2021

We sit down to discuss some of the impact from decreasing demand for refined products, while increasing demand for petrochemicals, and implications for both refiners and petrochemical producers longer term.

While different global regions will have different challenges, the future will be a more constrained world when it comes to feedstocks for petrochemical production. Integration between refineries and petrochemicals is one of the ways the industry can adapt to meet future requirements.

LISTEN TO PODCAST

In this podcast, we discuss

  • Integration between refineries and petrochemicals
  • The context for greater integration
  • How a refiner can go about this transition
  • Petrochemical producers

IHS Markit is currently researching the topic of Refinery and Petrochemical integration for a strategic report titled "From Fuels to Chemicals: Navigating the energy transition, integration technologies and future markets". The strategic report aims to provide insight into refined product and petrochemical demand, processing technology, supply of feedstocks and products, prices of feedstocks and products, and margins of integrated facilities.

This study will enable stakeholders to:

  • Decide which technologies to invest in
  • Determine how to construct new refineries
  • Compare strategic position versus competitors
  • Forecast future margins and profitability based on different infrastructure options

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