Market - Value During Turbulent Times Via Oil Upgrading

In times of pricing volatility the cost to upgrade heavy-sour feed stocks is critical to all sectors of the oil industry. Producers need to increase the value of the products they sell. Refiners need to reduce the cost of producing their products by finding less expensive crude slates. Petrochem manufacturers need to find less expensive feedstocks that won't impact product quality or drive costs higher.

Historically, the known set of upgrading technologies available to impact these business goals was limited to energy intensive hydrogen-based process technologies which only provides expensive solutions. FlexUP™ and FlexULS ™ offer new technologies to address today's most pressing market drivers. They provide partial upgrading of nearly any hydrocarbon stream using air as the primary reactant and offers benefits that traditional hydrogen technologies cannot. Both processes' underlying technology (oxydesulfurization, or ODS) performs best in the areas where traditional hydrotreating is challenged to be economical. Specifically, the heavy portion of the barrel and the slightly off-spec sulfur feeds that need a low level of polishing.

For Producers
FlexUP partially upgrades the quality of a heavy, sour producer's crude products by cost-effectively removing sulfur, acidity, metals and nitrogen that translates into increased revenue by dollars-per-barrel produced. FlexUP also increases liquid yields from a producer thus improving proven and probable reserves which increases value during the most challenging of times.

FlexULS allows lighter feeds/crudes to receive higher pricing by removing the excess sulfur or nitrogen that creates the discounts they receive today.

For Refiners
FlexUP provides the ability for downstream refiners to partially upgrade the bottom of their refinery in ways unavailable before. This upgrading through the removal of heteroatom contaminants improves the processability of vacuum gas oils, vacuum resids and even atmospheric bottoms. With this new tool available to refiners, lower quality crudes can be considered and process intensity on many refinery units can be reduced.

FlexULS provides the ability to reduce hydrogen and energy demand for treating sulfur and nitrogen in light feeds. It is also ideal for feeds that should not be saturated (i.e. olefins , diolefins or aromatics).

For Petrochem Manufacturers
Petrochem manufacturers are always looking for lower cost feedstocks that won't impact product quality. By using FlexULS as a simple polishing unit to improve out-of-spec sulfur levels, lower cost feedstocks can be effectively utilized while maintaining product quality and revenue. FlexULS removes sulfur and nitrogen without saturating valuable olefins, diolefins or aromatics.

FlexUP and FlexULS technologies impact feed-stock values across all sectors of the oil industry, providing cost efficient upgrading in good and bad markets.

Value during turbulent times
FlexUP and FlexULS technologies impact feed-stock values across all sectors of the oil industry, providing cost efficient upgrading in good and bad markets.