A.T. Kearney's Refinery Health Checker provides a means of assessing whether an asset is at risk and how that asset compares with the ideal (see figure A). It is a pragmatic methodology, based on four stages of performance, for use in benchmarking individual assets against the required success criteria and value levers for refiners in 2021. Figure B illustrates the stages a company might traverse in reaching total asset value. Similar stages exist for input and output factors. All 12 dimensions are shown in figure 3. The health checker has been applied to a representative sample of Western European and North American refineries, specifically 50 out of 320. The purpose is to understand how many assets risk being closed or challenged—if they maintain their participation model until 2021—because they are not capturing the true value from integration.
See full Article:
http://www.atkearney.com/paper/-/asset_publisher/dVxv4Hz2h8bS/content/refining-2021-who-will-be-in-the-game-/10192
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