Refining view in 2008 not for the queasy

08/11/2003
The global refining-marketing industry of 5 years hence will look a great deal different than it does today.That's the premise of a new report by IBM Business Consulting Service.The report examined the current market drivers and extrapolated what will be needed for refiner-marketers to succeed in 2008. It's not a sight for the faint-hearted, as competition will grow even more fierce amid major structural changes in the industry.DriversThe leading drivers for refiner-marketers today include the growing importance of markets outside the US and Europe; increasing environmental awareness that will create more focus on alternate fuel and natural gas technologies; growing specialization...
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