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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.
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