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INFOGRAPHIC
Jan 04, 2022
Global majors are overhauling their downstream business
Global Majors are overhauling their downstream business due to
pandemic-induced downturn and impending energy transition.
The divestment spree of refineries will continue with the
structural fuel demand decline and growing sensitivity towards
carbon intensity. Going forward, the refineries will leverage
low-carbon ecosystem for sustenance.
Global Majors will also be:
- Transitioning their retail sector
- Strong inclination towards refinery-petrochemicals integration
- Penetration into low carbon solutions business
IHS Markit Company Strategies and Performance (CSP) gives you access to an in-depth comparative view of your position in the chemical and refining industries. Get the clearest possible view of your competitors' strategies and their effectiveness, for both the refining and chemical industries. Our global company profiles cover 70 of the key companies, providing financial benchmarking and strategic positioning tools as well as expert insights.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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