In the downstream industry, upgrading the Bottom of Barrel has been without doubt central to achieving high levels of productivity and maintaining competitiveness — a key component to every modern refinery complex. In today's downstream industry, we are faced with new challenges and opportunities, with changing markets and a drive towards greater sustainability and decarbonisation. Refiners will continue to look to convert low value residues and increase conversion to curb low-value fuel oil production. Key objectives remain: increasing conversion, improving products, further integration with petrochemicals, reducing emissions and increasing margins.
Along with the process technologies, Catalysts will continue to play a central role in reaching these objectives. Catalytic processes are very much at the heart of all refineries. Producers are looking to select the best-suited catalyst to increase profitability, maximise production, increase integration & develop new revenue streams. Making the right selection in terms of Catalyst Management, waste management, different recovery & regeneration techniques is highly important when it comes to deciding on the best operational strategy for the coming years.