Making Operational Excellence Sustainable in the Energy Transition Framework
03- 04 October 2023
Milan, Italy
Join visionary speakers from leading organisations for crucial insights and expert opinions.
Following the roaring outcome of the Downstream 4.0 Summit in October 2021, Wisdom is thrilled to present the Downstream Summit 2023, taking place on October 3rd - 4th 2023, in Milan, Italy.
In a global race to reduce CO2 output in all human activities, Europe has raised its ambition to become the first carbon-neutral continent by 2050. While the transition has been underway for years, the declining demand for hydrocarbon-based fuels—partly a consequence of the uncertainties of the peculiar historical time we live in—is accelerating the switch.
The growing electrification and fuel efficiency patterns portend a demand growth reduction from the current 1.2% p.a. to 0.5% p.a. until 2035. With the gradual decrease of the need for refining—and in the quest for reliable, renewable feedstocks that could replace the current fossil ones—the downstream sector undergoes the challenge of finding ways to thrive and not only survive without petrochemicals.
Words from our clients that fuel our zeal to serve better.