Assessing the Feasibility for investments in Petrochemicals
The client was a partially state-owned investment company in the Middle East in charge of the industrialization of the region for the Energy sector.

The Context

The client was looking at a major investment in downstream chemicals as a way to increase local production. A preliminary high-level business plan had been prepared and the client wanted to confirm the assumptions and the expected outcomes before proceeding.

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~Mr X

The Challenge

The client wanted to identify the best industrial partner for the project in the long run. The client wanted to work with a company presenting a hybrid profile with experience in Strategy and Operations in the Petrochemical Industry. Only one company had been identified but was asking for a hefty price.

The Mandate

  • Support the RFP process and source consulting firms with hybrid expertise in Strategy and Engineering with dedicated practice focused on Petrochemicals

The Results

  • Consulting Quest sourced relevant competition combining Petrochemical, Marketing and Engineering expertise with global footprint and expertise and local offices.
  • The scope was narrowed to key activities and the Incumbent aligned its quote to match relevant competitors.
  • The support from Consulting Quest helped to generate a Total saving vs initial estimate of 35%.

35%

Total Savings compared to the initial estimate

4

Relevant competitors combining Petrochemical, Marketing, and Engineering.

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