Jonas Oxgaard is an Expert Associate Partner in McKinsey’s New York Office. He serves chemical companies with a focus on chemical commodities, including hydrogen, fertilizers, and petrochemicals. He leads the firms petrochemical outlooks and is a leader in the North American green ammonia service line.

Engagement Experience

• Developed clean ammonia and methanol strategies for players across North America, Europe, and Middle East, including market scans, technology outlooks, competitive positioning, and financials
• Created 10-year strategy for global petrochemical producer with integration of conventional, circular, and low-carbon offerings, including both organic and inorganic vectors
• Developed hydrogen strategies for global petrochemical and oil & gas companies, including growth vectors, economics, and build-vs-buy
• Supported US materials producer with expansion strategy into energy transition with focus on electric vehicles and inverters
• Provided competitive benchmarking and strategic valuation improvement options for North American fertilizer producer
• Developed inorganic growth strategy for major US chemical company
• Analyzed climate impact of plastics compared to alternative materials in specific applications and holistically

Prior Experience and Education

From 2014 – 2021, Jonas worked at Bernstein Research, a premier equity research firm, covering US Chemicals. During his tenure as an equity analyst, he successfully called the decline of global plastic recycling and how it would cause a global polyethylene shortage, the bottom of the most recent agricultural cycle, and the rise of hydrogen following the EU budget declarations. 

Prior to this, Jonas spent six years at McKinsey serving clients in energy and chemicals, primarily focusing on the intersection of microeconomics and petrochemicals. 

Jonas holds a Ph.D. in Organic Chemistry from University of Notre Dame, as well as a Masters of Chemical Engineering from Chalmers Institute of Technology (Sweden). He is the author of 50+ peer-reviewed scientific papers, books, and patents.