Download - Imperial Oil

Downstream & Chemical industry environment
Global demand steadily rising driven by developing countries;
demand for refined products in North America flat to down
Global
– Product growth averages about 1% per
year through 2030
– Diesel demand growing, gasoline demand
slowing
– Specialty chemicals growth continuing
North America
– Product demand flat to down through 2030
– Improved vehicle mpg and growing biofuel
mandates offsets modest increase in
vehicle fleet and miles driven
– U.S. continues as largest import market