June 2007

Trends and Resources

HP Impact: EU refiners must adapt to changing product demand

In the next decade, the EU refining industry will be facing significant changes in demand both in absolute terms and relative calls for its main products. The imbalance between the demand for gasoline..

Weirauch, Wendy, Hydrocarbon Processing Staff

In the next decade, the EU refining industry will be facing significant changes in demand both in absolute terms and relative calls for its main products. The imbalance between the demand for gasoline and middle distillates is likely to continue to increase. A report prepared by CONCAWE, the oil companies' European association for environment, health and safety (www.concawe.org), looks out to 2015 and explores possible consequences of product changes on the investment requirement of the region's refining sector. The following are key findings from the analysis. Watch the ratios. There is adequate primary distillation capacity in Europe to meet the foreseen demand at the 2015 horizon. The w

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