August 2000

Trends and Resources

HP Impact: Environmental rules impact UK refining

What are the impacts for the petroleum refining industry of UK environmental directives for 2005 and beyond? A recent study by Foster Wheeler on behalf of the UK Environment Agency prov..

Weirauch, Wendy, Hydrocarbon Processing Staff

What are the impacts for the petroleum refining industry of UK environmental directives for 2005 and beyond? A recent study by Foster Wheeler on behalf of the UK Environment Agency provides a strategic review of the industry's performance and options for the future. Here's a summary of the report's major findings: The issues. UK refiners are facing low margins. While estimated overall capacity utilization is high, spare distillation capacity exists. There's an imbalance between the output mix - a surplus of gasoline - and the demand mix - increased middle distillate demand and declining fuel oil demand. The production

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