Convert bottom-of-the-barrel into diesel and light olefins
Integrating residue hydrocracking operations with advanced fluid catalytic cracking optimizes upgrading of heavy crude oils
Global demand for diesel is projected to grow from approximately 23 million barrels per day (MMbpd) in 2006 to 37 MMbpd by 2030, while the demand for gasoline is expected to increase from 22 MMbpd to 27 MMbpd over the same period.1 This increase in diesel demand (14 MMbpd) is almost three times the increase in gasoline demand (5 MMbpd).
Gasoline demand in the US and Western Europe is expected to stay flat or even decrease. These trends have led refiners to consider various options for maximizing diesel production from current operations and/or adding new units targeted at meeting this projected new demand for diesel while improving margins.
Olefin demand trends. Demand for light olefins (e
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OCI Fertilizer Complex Project