Leveraging Hydrocracking to Upgrade Heavy, Low Value Streams

摘要

The global refining market continues to be very challenging as oil prices remain low and economic drivers push refiners to process heavier, more difficult, and sourer crudes. These opportunity crudes generate a higher percentage of the distressed streams which are either blended into lower value dispositions or; more recently, serve as feed streams to other conversion units. Today upgrading these difficult streams into light, more valuable liquid products becomes paramount under the current conditions as low value outlets disappear -especially in light of the recent International Maritime Organization (IMO) decision on bunker fuel quality.