Valuation of integrated energy and chemicals assets

ADI performed technical and commercial due diligence for an integrated energy and chemicals park, evaluating asset configurations. The valuation involved rigorous DCF modeling of scenarios ranging from lube oil complex rejuvenation to asset shutdowns, factoring in terminal value sensitivities. The assessment specifically addressed market risks associated with Monoethylene Glycol (MEG) oversupply and regional demand recovery timelines.

Global investment and holding company

Assessing the valuation and operational risks of a Southeast Asian refining and chemicals acquisition.

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ADI modeled the impact of raising refinery sustaining capital to identify hidden costs.

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Plant-specific yields for ethylene oxide (EO), MEG, and styrene were benchmarked against industry standards to validate margin projections.

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Analysis of historical economic perfornamce confirmed the value of processing heavy liquid feeds such as gas oil and bio-naphtha over pure ethane.

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The work surfaced “red flags” regarding deteriorating market demand for Group I base oils and polyester integration into MEG.

  • Facilitated an informed investment decision by quantifying sensitivity to sustaining capital underinvestment and fluctuating chemical margins.
Client Results
ADI did a wonderful job with our market studies. Their voice of the customer research helped us understand where a new technology might play in the market and ensure we are developing products for a broad market rather than just one customer.
Meredith Winczewski Strategic Marketing Manager, Honeywell – UOP

Industry experience

Downstream maintenance and capital spend strategy

ADI evaluated the global refining and petrochemical spend to determine market entry strategies for specialty maintenance services and equipment. The assessment addressed regional capacity shifts, specifically the transition from European asset closures to massive integrated complexes in Asia and the Middle East. Strategic planning focused on the trade-offs between routine turnaround services and large-scale modernization […]

Refining turnaround and maintenance due diligence

ADI supported investment due diligence by assessing the market outlook for refinery turnaround (TAR) and maintenance services. Primary research involved interviews with major U.S. Gulf Coast operators to validate job pipelines and post-pandemic labor cost escalations. The work included site-specific unit outage forecasts with regional spending trends and assessing competitive margins. The client Private equity […]

Drag reducing agents market strategy

This research quantified the global addressable market for drag reducing agents (DRA) across crude oil, refined product, and heavy oil pipelines. ADI assessed the economic trade-offs between chemical additive injection and infrastructure expansion (looping or pump station upgrades) under varying production scenarios. The study evaluated competitive dynamics among key chemical producers and the operational requirements […]

Midstream capital and operational spend assessment

To quantify addressable opportunities for midstream services, ADI modeled capital and operational expenditures across North American gathering, transportation, distribution and storage assets. The study evaluated infrastructure constraints in the Permian and Appalachian basins, specifically addressing how rising maintenance needs on aging infrastructure offset cyclical volatility in new project FIDs. Proprietary spend curves were applied to […]

Reciprocating compressor market strategy and outlook

ADI modeled the global reciprocating compressor market segmented by speed across the oil and gas value chain. The research addressed the impact of LNG carrier fleets availability and shifting marine fuel regulations on boil-off gas handling. Strategic analysis focused on the recurring revenue potential of aftermarket services. The client Private equity firm The situation High […]

Small-scale LNG and steam methane reforming market assessment

To assess market entry potential for modular energy systems, ADI evaluated the deployment of small-scale LNG (ssLNG) and Steam Methane Reforming (SMR) for industrial and transportation applications. The research addressed infrastructure constraints in off-grid regions and evaluated the levelized cost of electricity (LCOE) of modular gas systems against traditional diesel power. Competitive analysis included a […]

Turbomachinery specialty controls market assessment

To evaluate market positioning for specialty turbomachinery controls, ADI analyzed demand drivers across LNG export terminals, FPSOs, and ethylene crackers. The study assessed the reliability trade-offs between OEM-standard controls and independent anti-surge systems in greenfield versus brownfield projects. Primary research with rotating equipment specialists highlighted factors impacting operational risk during commissioning. The client Private equity […]

Valuation assessment for onshore E&P assets

This evaluation quantified the valuation potential of an African oil holdings by benchmarking global M&A transaction data for oil sands and other development-stage fields. ADI analyzed the economic trade-offs between as-is asset sales and value-added farm-out scenarios involving significant drilling investments over a three-year horizon. The findings addressed infrastructure limitations and contingent resource uncertainty within […]

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ADI insights featured in Enterprise AM

ADI Analytics is pleased to share that our CEO, Uday Turaga, was quoted in Enterprise AM discussing Kuwait’s Project Peregrine and the growing trend of infrastructure monetization across the global energy sector. Kuwait’s transaction is the latest in a series of deals involving companies such as ADNOC Group, Aramco, OQ, and Bapco Energies. These transactions […]