The convergence of the energy and chemical sectors

The chemical industry is actively adapting to global changes and driving innovations, serving as a critical enabler in the global energy ecosystem. With the growing demand for diverse chemical products, including plastics, and demand for primary chemicals, this sector is experiencing exponential growth.

Collaboration between the energy and chemicals sectors is anchored in pragmatic decarbonisation pathways that leverage renewable energy sources, enhanced energy efficiency, circularity, technology advances in chemical processing, as well as the emerging potential of green hydrogen as a feedstock. However, challenges related to feedstock availability, policies and regulations, investment, and decarbonisation may hinder progress.

To unlock their full potential, energy and chemical companies must strategically leverage their portfolio strengths through careful planning, focused strategies, and collaborative action. Cross-sector partnerships and ecosystem innovation to facilitate circular solutions will be best positioned for success when supported by international agreements such as the United Nations Plastics Treaty and incentivising initiatives like the U.S. Inflation Reduction Act and the EU’s Green Deal.  

Attendee insights:

Understand the potential of the chemical industries, how companies are investing to go further downstream and the enablers that can drive this industry forward.