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Narrator: Refinery operators dealt

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with a difficult 2019 due to low demand growth,

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and their struggles increased exponentially

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with the coronavirus pandemic in 2020.

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Global economic challenges prompted a dramatic fall

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in product demand.

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Gasoline and diesel sales dropped,

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and jet fuel sales fell by 60%.

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When facing this dilemma,

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how can refiners make smart investments

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and maintain their competitive position?

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The current market isn't making it easy,

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but we should not simply wait out the situation

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and hope for a return to normal.

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At Shell Catalysts and Technologies,

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we see this as a time for reinvention.

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Out of uncertainty comes opportunity.

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Through refinery revamps,

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our experts can help transform operations

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and optimize efficiency by co-creating tailored solutions

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for existing assets.

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With extensive owner operator experience,

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and more than three decades of working with third parties,

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we have the expertise to uncover cutting edge optimizations.

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Revamps often require minimal capital expenditure.

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Even complex revamps may only cost 20 to 50%

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of the capital required to build a new unit.

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This means that upgrading your existing assets

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can yield a significantly quicker return on investment,

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compared to building a grassroots unit.

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And most importantly, revamps can help refiners thrive

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in the new reality.

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Let's collaborate to discover

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how your refinery can enhance margins

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and emerge stronger and safer.

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To get started, go to catalysts.shell.com/revamp.

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(bright music)