Our Services

We are specialists in managing the development of large scale technical industrial projects from project sanction, up until final investment decision (FID).

We understand there are a lot of moving parts and a lot of unknowns in the early stages of a projects lifecycle, and managing these unknowns, creating definition, and de-risking these projects are essential to the success of a project.

We can provide advisory services or manage the process on your behalf, ensuring all areas of the project are progressed:

• Business case creation incl. strategic stakeholder selection

• Site assessment, investigation, and selection

• Technology package management

• Scope, budget, schedule, and risk management

• Permit planning and roadmap to approval.

• Concept design and engineering definition (FEED)

• Financial model management and basis of estimates

• Execution phase planning, contract models, and EPC selection

• CAPEX/OPEX management

Having the right strategy from the beginning can ultimately make or break a project - whether that’s sourcing feedstock, selecting technology, tailoring products, sourcing finance, or choosing the optimum asset location. We work across the whole value chain to review, assess, and provide valuable feedback on how to make a project successful. Services on offer include:

• Regional & Global Strategy

• Feedstock sourcing, sorting, quality control

• Technology sourcing, due diligence, and selection

• ESG target review and roadmap development

For more flexible and niche services, we can provide a range of advisory services such as:

• Product review and specification optimisation including upgrading solutions and review of by-products

• Asset integration into crackers, refineries, and storage facilities.

• Value chain and logistical analysis

• Project assessment and gap analysis - What is the current project status and what is required to get to a viable, fully financeable project

• Project delivery models

• Project finance planning, arrangement, and management incl. non recourse

• Creative project structuring and cooperation initiatives including:

• Joint ventures

• Price share mechanisms

• Joint project agreements

We understand the key industry drivers and how to align conversations across the value chain to increase collaboration and obtain win-win scenarios.

We can originate & create a projects business case, building on the necessary scopes, risks, budgets, and timelines, sufficient to get a project defined, planned, and sanctioned for development. Services can include:

• Partner selection

• Scoping

• Financial models

• Basis of assumptions

• Framing workshops

Projects in development have a lot of moving parts and a large number of areas that can go wrong. Identifying, managing, and mitigating those risks are key to a projects success and Chemcycle is well practiced to provide these services.

We can work closely with clients to map both technical and commercial risks across the project and outline the best practices to mitigate those risks, whether by contractually passing those risks on to parties better placed to manage them, or by implementing technical redundancy in the design. Services include:

• Risk register origination and management

• Risk allocation matrix

• Contracts structuring

• Risk share mechanisms

Typical front-end loading techniques involves making key decisions early in the planning where influence is greatest and expenditure is lowest. This approach usually involves a number of feasibility steps to increase technical definition and estimating accuracy in a phased/gated approach, with engineering typically bespoke to suit project requirements.

Because of this, many companies often implement many gates to avoid proceeding too far with development resulting in much slower development timelines.

By working closely with technology teams and EPCs to explore standardised designs, Chemcycle can increase the level of technical definition early in the business and project planning phase with a look to minimise feasibility works and optimise gates for reaching final investment decision (FID).

• Data harvesting and utilisation

• Standardisation and module creation

• Bespoke site selection criteria

• Balanced approach between risk, budget, and schedule

The need to commercialise newer ‘green’ technologies to help tackle climate change is significant and quickly becoming a bottleneck in the industry. However, moving too quickly to commercial scale with unproven technologies also risks wasting large amounts of capital and potentially causing wider negative effects across the industry.

Whether you’re an experienced petrochemical company with your own technology or a private equity firm looking to capitalise on a recent investment, knowing the technologies limitations and weaknesses, allows you to manage and mitigate these risks when scaling up. Chemcycle offers a range of services in this area including:

• Un-biased technical evaluation focusing on current operational data and realistic commercial scale assumptions

• Combined techno-economic evaluation and modelling for new or existing technologies focusing on financials

• Report on findings including an outline of technologies viability, sensitivity analysis, and a list of technical & commercial risks with plans on how to mitigate them

• M&A advice for chemical companies, assets, projects, and technologies.