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The Shell petrochemical technology portfolio
Intensifying pressure in petrochemicals.
These are challenging times for petrochemical plant operators. Significant volumes of new capacity are set to come on stream over the next few years, just as margins are under extreme pressure. This is compounded by climate change issues, changes in the energy environment and geopolitical issues.
However, the sector has shown to be cyclical. Many plant operators are resolving to combat the turbulence by examining key metrics such as operating costs, safety, reliability, integrity and utilisation. Their aim is to be best placed to prosper and grow when the sector emerges from this difficult period.