The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.
The transportation fuel and chemicals sectors are facing multiple urgent challenges. They must quickly reduce their dependence on petroleum resources with cost-competitive solutions while also addressing concerns such as greenhouse gas (GHG) emissions and decarbonization.
The Renewable Fuel Standard (RFS) is a regulation that requires refineries in the U.S. to output a certain percentage of their fuel from renewable sources, such as plants or animal waste. The U.S. Environmental Protection Agency (EPA) sets the minimum proportion of renewable fuel every year. The goal of the RFS is to reduce greenhouse gas emissions and dependence on fossil fuels.
Refiners are actively developing new solutions to decarbonize their finished products—such as transportation fuels or commodity chemicals—as part of the energy transition. As a result, refiners are now exploring the co-feeding of alternative feedstocks, including renewable and recyclable crude oils, as a means of lowering the carbon footprint of their products.
Steam distribution systems are a vital part of process manufacturing because steam is a versatile means of delivering carefully controlled heat energy, usually via a heat exchanger.
Plastics are some of the most vastly used materials in modern life. They are the building block of products manufactured by almost every sector, including packaging, building and construction, textiles, consumer products, transportation, electrical and electronics, and industrial machinery.
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Project: | Long Son Petrochemicals Complex |
Location: | Long Son, Vietnam |
Operator: | Siam Cement Group |
Cost: | $5.4 B |
Capacity: | 1.65 MMtpy |
Completion date: | completionDate |
Status: | Under Construction |
Project: | Huizhou Petrochemical Complex |
Location: | Huizhou, China |
Operator: | ExxonMobil |
Cost: | $10 B |
Capacity: | 1.6 MMtpy |
Completion date: | completionDate |
Status: | Under construction |
Project: | Visakh Refinery |
Location: | Visakhapatnam, India |
Operator: | Hindustan Petroleum Corp. Ltd. |
Cost: | $3.1 B |
Capacity: | 134,000 bpd |
Completion date: | completionDate |
Status: | Under Construction |
Project: | LyondellBasell PO/TBA Complex |
Location: | Channelview, Texas (U.S.) |
Operator: | LyondellBasell |
Cost: | $2.4 B |
Capacity: | 1.47 MMtpy |
Completion date: | completionDate |
Status: | Under Construction |
Discover how several global impacts—such as Russia’s war in Ukraine, supply chain crises and inflation—have and will impact spending and business activity in the global petrochemicals, refining and natural gas/LNG industries. HPI MARKET DATA 2023 is the processing industry’s most trusted forecast of capital, maintenance and operating expenditures.
This handbook-type industry reference source is produced by the staff of Hydrocarbon Processing. It contains flow diagrams and descriptions of more than 170 commercially viable gas processing processes from 25 licensors. Included are drying, treating, dehydrogenation, effluent cleanup, hydrogen, liquefied natural gas, syngas, sulfur, liquid treating, etc. Each process description includes a flow diagram as well as application, economics and licensor information. The processes are indexed by process and contributing company.
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