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- Bob Patel
Energy transition is reshaping the future of refining and petrochemicals globally. Demand for products is strong, but net zero and circularity imperatives are set to dominate investment decisions for years to come. With trillions of dollars of assets and trading volumes in play, refining and petrochemical companies are forced to reinvent what it means to be a producer in the new energy landscape. How will the portfolios change? How has COVID changed consumer perceptions on the need and value of plastics? What is the risk of overcapacity and underutilization of assets? How could recycling be scaled in emerging markets such as India?