The energy transition and shift to a more circular value chain (recycling) will provide refiners with new integration opportunities—for example, supplying renewable and bio-based feedstock to petrochemical units, as demonstrated by Finnish firm Neste in partnership with petrochemical producers. 6 "Neste and LG Chem building a strategic partnership to drive the polymers and chemicals industry transformation towards a circular bioeconomy," Neste Corporation, November 5, 2020. In addition, we see opportunities for refiners to play an important role in enabling advanced recycling of plastic waste or integrating with waste gasification units. 7 "Plastic2Plastic: ReOil completes the circle in plastics recycling," OMV Group, May 14, 2021.