The competitive nature of the chemicals, oil and gas markets requires that facility owners and operators continue to find ways to improve their current margins and establish resilience regarding long-term and financially relevant environmental, social and governance (ESG) risks. Doing so may mean a significant investment in renewable feedstocks. It may also mean the optimization of base operations and investment in new greenfield and/or brownfield technology upgrades, both new units and retrofits. For companies that plan to remain engaged in the energy and transportation fuels markets for the foreseeable future, though, this means looking toward a more sustainable future.
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