ensuring optimum availability - gcpmh · 2019-11-15 · ensuring optimum availability goutam biswas...
TRANSCRIPT
© 2019 Chevron Corporation
Ensuring Optimum AvailabilityGoutam Biswas
Manager, Downstream Technology
Chevron Downstream and Chemicals
Summit on Global Chemicals & Petrochemicals Manufacturing
Hubs in India
November 11-12, 2019
2© 2019 Chevron Corporation
Market fundamentals – global product demand
Demand growth, 2019–2023 Compound annual growth rate
Global economic
growthdrives product demand
Petrochemicals grow faster than fuels
Sources: Wood Mackenzie, NexantThinking™ Petroleum and Petrochemicals Economics program, Klein & Company
Fuels
Petrochemicals
Lubricants
& additives
0% 4%
Additives
Premium base oil
Aromatics
Olefins
Gasoline
Distillate
LPG/Naphtha
3© 2019 Chevron Corporation
Strong petrochemical market fundamentals
4© 2019 Chevron Corporation
Integrated value chains around major hubsChevron fuels refining and marketing
Future integration Products and intermediaries Equity crude
5© 2019 Chevron Corporation
Importance of regional manufacturing hubs
Value driversfeedstock networks
infrastructure and storage
capital efficiency
regulatory and policy
Optimization across the supply chain
improved utilization
chemical plants across product lines
product to customers
6© 2019 Chevron Corporation
Feedstock advantage and availability
© 2019 Chevron Corporation
Ensuring Optimum AvailabilityGoutam Biswas
Manager, Downstream Technology
Chevron Downstream and Chemicals
Summit on Global Chemicals & Petrochemicals Manufacturing
Hubs in India
November 11-12, 2019