As the industry prepares for the impending IMO sulfur regulations, Robert Giglio, Sumitomo SHI FW, USA, explains how refiners can find opportunity in a disrupted heavy sulfur fuel oil market.
published in Hydrocarbon Engineering, March 2018 Issue
There are many refiners with existing delayed coking capabilities that are in the position to move away from the volatile HSFO market, into the more stable power and steam markets.
PetroPower, the process of producing power from petcoke, couples delayed coking technology with circulating fluidised bed combustion (CFB) technology to fully convert heavy refinery residues into valuable light products, power and steam. It eliminates the value-losing vacuum residue blend step, which is common in many refineries that currently produce HSFO for maritime use.Read full article