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Refinery Evaluation Model product overview
Refinery Evaluation Model product overview

Overview of Refinery Evaluation Model (REM)

Kishoore Jehan avatar
Written by Kishoore Jehan
Updated over 10 months ago

What is the Refinery Evaluation Model?

Refinery Evaluation Model is Wood Mackenzie’s offering that assesses the competitiveness of refineries around the world and benchmarks their performance across a variety of metrics

What does the Refinery Evaluation Model cover?

The Refinery Evaluation model covers over 700 detailed refinery profiles allowing for benchmarking of over 140 metrics including refinery capacity, utilization, refinery input, and yields. It also provides historical & forecast net cash margin (NCM) models for over 500 refineries, exceeding 50kb/d of CDU capacity. Planned refinery investments are also incorporated into modelling these forecast net cash margins.

What types of information are available in the Refinery Evaluation Model?

  • Refinery profiles, refinery feedstock, yields, costs, product prices, crude prices, transport costs, net cash margins, ranking

  • Refinery margins forecast till 2050 by region and refinery

  • Refinery investments, M&A deals, PetChems-integrated refineries, infrastructure, owners

What are the deliverables of the Refinery Evaluation Model?

  • Refinery Benchmarking Tool

  • Refinery net cash margin financial models for each region covering the past year’s margins

  • Refinery net cash margin forecasts till 2050

  • Global refinery investments including project status, costs & expected completion dates

  • Global transaction deal metrics from the year 2000

  • Global infrastructure benchmarking reports covering key crude and product pipelines

  • Insights

How often is the content updated?


The net cash margin financial reports and tool are generally updated annually while the global investments, transactions and infrastructure reports are updated quarterly.

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