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Naphtha to Ethane / Propane (NEP)

The olefins industry is facing challenges with increasing competitiveness, in terms of cost of production, amidst a growing concern about feedstock security in many parts of the world. While ethane crackers remain the lowest cost to build and operate, many liquid crackers have already been built around the globe. These installations have sought to capture local price discounts for light naphtha and their operation is mainly due to feedstock security. Ethane is not prevalent in many places and is expensive to transport. As the olefins markets continue to grow, firms that operate liquid crackers are coming under increased pressure for profitability and competitiveness, most notably in Asia and Europe.

Projected growth in olefin demand is outpacing the coproduction of ethane and propane with crude oil. As a result, the majority of new steam cracker growth has been focused on liquid feedstocks. In addition, sustainability concerns loom as steam crackers are major carbon dioxide (CO2) emitters. Achieving greater efficiency in production is vital. Amid changing dynamics in hydrocarbon markets and geopolitical events, the Integrated Olefin Suite (IOS) and Naphtha to Ethane/Propane technology offers solutions.

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