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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.

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Consulting Services

Client-tailored solutions, including market research, process evaluations, feasibility services, competitive structures, macroeconomics, strategic planning, benchmarking and M&A due diligence.

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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).

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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.

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IHS Markit Industry Insight

Customer Testimonial

Industry Success Stories


Dec 07

@DHAFIR2020 We agree! We're looking to add new courses in the middle east - hopefully in late 2018, but certainly for 2019!

Dec 07

RT @IHS4Energy: Increased global competition for liquid petroleum #gas has shifted ways regional #LPG companies’ trade. More insight: https…

Read the IHS Chemical Blog

Dec 07

M&A – Megadeals will the trend continue?

From the US chemical renaissance inspired by shale, to the feedstock shift in Asia towards unconventionals, and the drop in competitiveness of the Middle East because of reduced ethane availability and higher prices, industry players have been prompted to look increasingly at M&A as a way to extend market reach, acquire technology and concentrate or extend t..more

Nov 21

Bright future ahead for specialty chemicals after 2016 hiccup

The global market for specialty chemicals totaled $556 billion in 2016, driven by the strong demand for personal electronics and the increasing buying power of Chinese consumers. Despite the strong performance of these consumer markets, other economic headwinds joined forces to stall market growth: a slowing Chinese economy, the recessio..more


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