Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck

Page created by Sharon Wang
 
CONTINUE READING
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Adptation des schémas de raffinage
        à la future demande
      Eric Benazzi
      Vice-President
      Marketing & External Communications

                                            1
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Axens Group in Brief

       5
       markets                                                                                 Alternatives
       covered             Refining      Petrochemicals                   Gases
                                                                                              & Renewables
                                                                                                                              Water

     over                                                                 over

     2,900 under license
                      industrial units
                                                                          2,000 Process furnaces
kg
     60,000 catalysts
             tons of
     and adsorbents produced each year
                                                                          over

                                                                          500 Modular units
     completed by Catalysts Regeneration Services

     Offices in                                         Axens was created in 2001 through the merger

     15      different countries                        of Procatalyse with the Technology Licensing &
             all over the world                         Service Division of IFP Energies nouvelles.
                                                        In 2017, Axens successfully acquired more than

     9      Production                                  95% of Heurtey Petrochem (including its fully
                                                        owned subsidiary, Prosernat) and integrated
            Sites                                       50% of Eurecat.

                                        IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   2
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Axens Group:
      A Complete Range of Solutions
1   FROM DESIGN TO CONSTRUCTION                                                                             2   PLANT START-UP
              C               T              S                                     S                              P                           S                        S
                  H               H              H                                                                                                H                        H

     Technical         License &       Equipment                         Unit and equipment              First loads of             Training for               Unit start-up &
     consulting          Basic           supply                            commissioning                catalysts and/or             operators               performance check
                      Engineering                                                                         adsorbents                                              (test-run)

        H                      H                     S               S               C              T                 P                S                 S              P
                                                                         H                              H                                                    H

 Detailed              Construction
                        Fabrication     New equipment Follow-up Energy & water                   Unit         Re-loads of       Refresher          Advanced Product life-cycle
Engineering            of furnaces &       supply     & assistance  audits                    revamping     catalysts and/or   training for        software &  management
                       modular units                                                                          adsorbents        operators         applications

                                             3   OPERATION SUPPORT THROUGHOUT THE LIFE-CYCLE OF THE PLANT
      P Products             T Technologies              C Consulting services      S    Support to Operations        H    Outside Petrochem
                                                                                                                           Heurtey Axens perimeter
                                                                                                                                             & Prosernat                   3
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Challenges for Refiners
Population &
 Economic                                                                              Sustainable Growth
  Growth

        Air Pollution

   Climate Change &
                                                                                        Better Quality
   Energy Transition
                                                                                        of Life

                        IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   4
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Challenges for Refiners
Population &
 Economic                                                                              Sustainable Growth
  Growth

                                                                      Changing Trend in Fuel Mix
                                                              1
                                                                        (Gasoline over Diesel)
        Air Pollution
                                                              2    More stringent specifications
                                                                  on on-road fuels & Bunker fuels

   Climate Change &
                                                                                        Better Quality
   Energy Transition
                                                                                        of Life

                        IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   5
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Marine Fuel Challenges
       Marine Fuel Sulfur Specification Change by 2020 (IMO)

                                                                      Sulfur Content
                                                              5%

                                                              4%
                                                                                                                                     3.5%
                                                              3%        Global

                                                              2%

                                                              1%                                                                     0.5%
    ECAS
                                                                        ECAS
Possible ECAS
                Source: IMO                                     2000           2005            2010           2015           2020          2025
                              Source: IMO

      Further Reduction of NOx, PM and other Pollutants Emission Limits?

                                        What are the Options?

                                            IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens    6
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Marine Fuel Outlook by Type
              AVERAGED DEMAND FORECASTS (Mbpd)
6

                                0.4                                             ~2 Mbpd of HSFO to
                0.2
5
       0.1                                                                       be replaced by 2020

       1.5
                                                                                A sizeable amount
4                               2.6
                3.1
                                                                                 of MGO will be
       0.1
                                                     LNG                         required
3                                                    Distillates
                                                     LSFO (
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Refiners’ Strategies to address IMO 2020
Technically feasible routes
 Ways for a Refiner to respond to the IMO 2020 regulations:
 • Crude Selection
  › Sweet crudes if technically possible and financially viable

 • Technology Investment to produce LSFO (
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Crude Quality
               ATMOSPHERIC & VACUUM RESIDUES SULFUR CONTENT
    Wt%
7                                            FO 0.5%S (wt)
                                             Desulphurization Technology or Scrubbers
6           Straight Run Fuel Oil
                at 0.5%S (wt)
5

4

3     Atmospheric Residue

2         Vacuum Residue

1

0

                                    Source: Axens and other sources

                                              IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   9
Adptation des schémas de raffinage à la future demande - Eric Benazzi Vice-President Marketing & External Communications - Fondation Tuck
Refiners’ Strategies to address IMO 2020
Technically feasible routes
 Ways for a Refiner to respond to the IMO 2020 regulations:
 • Crude Selection
  › Sweet crudes if technically possible and financially viable

 • Technology Investment to produce LSFO (
Technology Investment as 2020 IMO Solution
Several proven technologies in the market

       Conversion (%)
 100

  90

  80                     Conversion Route :
                         EB / Slurry / Coker
  70
                                                         Fixed Bed + RFCC Route
  60                                                      (ARDS/VRDS + RFCC)
          SDA route +
  50      optional HDT
  40

  30

  20
                           Fixed Bed Route
                            (ARDS/VRDS)
  10

  0
                                                                                                    CAPEX

                           IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   11
Carbon Rejection Pathway: Industrial Reference
       European refinery
                                                                       MHC in operation since 2Q 2016
       FCC refinery scheme
                                                                       Axens selected after long
       Varying crude basket
                                                                       duration pilot test confirming
                                                                       estimates of >55%wt conversion
           VGO                                                         Excellent product quality

                                                  FCC
     VDU

AR

                                                  Gas
            HVGO                                  Naphtha
                                 DAO              Diesel
                                 MHC                                                    100%                   48% DAO /
                                                                                        DAO                    52% SRVGO
           VR                          UCO to FCC or
                                       0.5%S
                   SDA                 Bunker Fuel
                         Pitch

                                       IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   12
Technology Investment as 2020 IMO Solution
Challenges in implementation
 Marine Fuels: not the priority product for many refineries

 New residue conversion / HDT unit: US$200 – 600 million
 Install/expand SRU or H2 production unit: US$20-50 mil.

 Typical refinery project design & construction timeline: 4-7 yrs
 Typical refinery project profitability timelines: 15-20 yrs

 What price for LSFO?… and for how long?

         Focus on clean fuels & petchem feeds
         is a more secure strategy for refiners

                          IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   13
Challenges for Refiners
Population &
 Economic                                                                                             Sustainable Growth
  Growth

                           Energy:
               lighting, heating,4cooking food

                          Mobility
        Air Pollution
                  Materials goods
           3 Petrochemicals production

   Climate Change &
                                                                                                       Better Quality
   Energy Transition
                                                                                                       of Life

                                       IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   14
Strong Petrochemicals Demand
              MARKET DRIVERS GROWTH (Base 100: Year 2010)
      Index                                                                              AAGR 2016-2025
190
                                                                                        Petrochemicals*
180
                                                                                         +4.0%/y
                                                                                *Ethylene, Propylene, Butadiene, BTX, Methanol
170

                                                                              $
160                                                                                     GDP

150                                                                                      +3.7%/y
140
                                                                                        Oil Demand
130
                                                                                         +1.2%/y
120

110                                                                                     Population

100
                                                                                         +1.0%/y

                               Source: World Bank, CEH, Various sources (2017)

                            IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens    15
Crude to Chemicals
       Maximize Paraxylene Production - Grassroot
High VR content
crude mixture:                                                                                                      LN
60% Arabian Heavy          AGO        Diesel                                                                                 Isomerization
30% Arabian medium
10% Marlim
                     ADU              HCK
20 MTA                                                                                                             HN
                                               GO                                                                            Aromatic
                                  VGO                                      SR VGO                              9 MTA         Complex
                                                                           HCK
                           VDU

                     AR
                                                                                                                 KERO
                                                                                                                             Kero Pool
                                 VR     Ebullated
                                                                         VGO            Bunker
                                        bed HCK                                         Fuel                   DIESEL
                                                                                                                             Diesel Pool
                                                                       Full
                                                                       Conversion
                                                                       HCK                                        UCO        Group III Lube
                                        UCO                                                                                  Complex
                                                                                      DAO
       All fuels meet Euro V                           Solvent
                                                       Deasphalting                                             PITCH
            specification                                                                                                    Gasification
                                                                                         Pitch

                                                IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   16
Crude to Chemicals
       Maximize Olefins Production - Revamp
                           HGO                                                                Middle Distillate
High VR content                                                              HCK                                              LPG
ME crude mixture:
32.3 °API
                    ADU
2.2 wt% S
                                               MHC
                                                                                                                              Propylene

                                                                                                                              Gasoline
                          VDU

                     AR          VGO
                                                                                           LCO
                                                                            RFCC
                                                                                                                              Middle
                                                                                     Slurry                                   Distillates
                            VR
                                              RHDS

                                                                                                                              LSFO

                                                                                                                              HSFO
   Existing Units

                                                                                                                              Bitumen

                                       IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   17
Crude to Chemicals
       Maximize Olefins Production - Revamp
                           HGO                                                                Middle Distillate
High VR content                                                              HCK                                              LPG
ME crude mixture:
32.3 °API                                                                                                                             x2.2
                    ADU
2.2 wt% S
                                               MHC                                                                            Propylene
                                                                                                                                      x3.6

                                                                                                                              Gasoline
                          VDU

                     AR          VGO
                                                                                           LCO                                         =
                                                                            RFCC
                                                                                                                              Middle
                                                                                     Slurry                                   Distillates
                            VR
                                                                                                                                   =
                                              VRDS
                                                                             HS         LCO
                                                                            FCC
                                              ARDS                                  Slurry
                                                                                                                              LSFO

                                                                                                                              HSFO
   Existing Units

     New units                                                                                                                Bitumen

                                       IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens          18
Challenges for Refiners
Population &
 Economic                                                                                   Sustainable Growth
  Growth                   4 Transport:
                         more efficient engines,
                          low carbon energy,
                                Biofuels

                             5 Industry:
                        energy efficient processes
        Air Pollution

   Climate Change &
                                                                                             Better Quality
   Energy Transition
                                                                                             of Life

                             IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   19
Biofuel Markets
   Dynamics

 2005 – 2014: Strong development

 Controversies regarding sustainability
  & food vs. fuels concerns  policy
  debates
     Investments decreased
     Production growth slowed
      (+2% in 2016, +1% in 2017)

 2016: 4 % of road fuel demand
     USA + Brazil ~ 70% of current
      production

 Still #1 strategy to reduce transport
  CO2 emissions (Paris Agreement)

                                      IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   20
Ethanol Value Chain – Axens’ Portfolio

                                              Isobutenes
                      1G FERMENTATION                                                   ETBE
                                                                                    ETHERIFICATION

    Sugars
                                                                                                                             Octane Booster
                                                                                                                            for Gasoline Pool

                                               Ethanol
                       Futurol™                                                         Atol™
                    ENZYMATIC CONVERSION                                         ALCOHOL TO OLEFINS

Lignocellulosic   2nd Generation Technology:                                                                                      Ethylene
   Biomass        › Inedible feedstock
                  › Lower feedstock price                                  BioButterfly™ Project
                  › Opportunity to rise 1G production                            ALCOHOL TO OLEFINS
                  (whole plant vs. free sugars/starch)
                                                                                                                                 Butadiene

                                                                                                                                      ?
                                           IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens      21
Zoom on Futurol Technologies™
                                   Lignocellulosic                                    4      PRODUCTS RECOVERY
                                      Biomass
                 1    PRETREATMENT
                                                                                       › Energy and process integration:
                 › Regularity                                                             › Self-sufficiency
                 › Standardization step                                                   › Water/stillage direct recycle
                 › Low moisture
                 › High C5 sugars yield
                 and cellulose digestibility                                                                                      Ethanol

2     BIOCATALYSTS PRODUCTION
                                                                                                                     HYDROLYSIS &
›   On-site production
                                                                                                        3           FERMENTATION
›   Tailor-made enzymes/yeasts
›   High resistance to inhibitors                                                                        ›   One-pot process
›   Fully adapted to substrate                                                                           ›   CAPEX and OPEX minimization
                                                                                                         ›   Full C5 and C6 sugars conversion
                                                                                                         ›   High ethanol yield and content
                                        Hemicellulose
                                            Lignin
                                               Cellulose

                                                        IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   22
Thank you! And see you on Axens’ Blog
            axens.net/blog

              IDées - Ecosystèmes et chaines de valeur pour les carburants de demain, 18 Juin 2018 - Axens   23
You can also read