Podcast: Petrochemicals and Refining Integration
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