Joint ventures are not new to the petrochemicals industry. Companies have sought strategic partners to increase competitiveness, take advantage of economies of scale and increase shareholder value. Additionally, joint ventures can help the partners access new markets, geographies and technologies. However, according to Water Street Partners only 50% of asset joint ventures make it past 13-years and its less for business joint ventures. Here is where Petrochemical Strategies can help.
Whether you are planning to enter into a joint venture or have been in one for years, Petrochemical Strategies, LLC has the expertise provide guidance and support to optimize your position in the joint venture.
Let us know if you have a question about an existing or potential joint venture?