Crude Oil to Chemicals route-II: Biggest possible threat to Indian petrochemical units
Apr 03:
New COCs coming in could provide an incredible chemical yield of up to 70-80%. 8The line between a refinery and a COC will get blurred with the latter competing for both fuel and markets 8COC takes scale and integration of petrochemicals production to a whole different level 8This will give COC players a huge competitive advantage. 8In addition to feedstock advantage and accessible markets, process configuration and technology choice become important competitive factors at such a large scale. 8Capital efficiency also becomes a critical competitive factor. 8Indian petrochemical plants attached to small to medium-sized refineries can well be priced out of the market. Click on Reports for more