Solomon Associates has begun solicitation for its 2011 Worldwide Olefin Plant Performance Analysis.

Also known simply as the Olefin Study, it will enable chemical manufacturers to identify performance gaps and improve their bottom lines.

Olefins include ethylene and propylene, important sources of plastics products and industrial chemicals. Chemical plants produce olefins by cracking, or breaking down, natural gas liquids such as ethane and propane or liquid hydrocarbons such as naphtha or gas oil. Solomon Associates’ Olefin Study uses a proprietary gap analysis to identify millions of dollars in potential improvements to chemical manufacturers’ annual margins.

“Solomon’s gap analysis compares your performance to the best olefin plants in the world and quantifies performance opportunities in dollars to see where you can get the best return,” said Claire Cagnolatti, vice president of chemicals studies at Solomon Associates. “It is vital to know where you stand and how you can improve — to survive and ultimately outperform the competition in today’s economy.”

The study provides both macro and micro views of plant performance. In a time of volatile feed stock economics, the Olefin Study will show chemical manufacturers how feed stock selections are changing around the world.

Tags: Solomon Associates