Communicator
Finance |
Importantly, LYB’s exit from these sites will also spare it from the need to invest hundreds of millions in decarbonization upgrades, particularly at Berre and Münchsmünster, where meeting 2030 emissions targets would have required major capital outlays.
ppPLUS’s tools align with global best practices in economic modelling, including compliance with frameworks like the UK’s TAG M5.3 supplementary economic modelling guidelines for rigorous validation and scenario testing. Contact ppPLUS to leverage its expertise in petrochemical asset valuation, strategic due diligence, and regulatory risk assessment for informed decision-making in this transformative transaction. |
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ExxonMobil Joliet Refinery description has been updated. |
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It is one of the Middle East’s leading and most sophisticated refineries, processing over 400,000 barrels per day (b/d) of Arabian Light crude oil. It is one of the oldest and largest refineries in the Kingdom, exporting products to Europe, North America, and Asia. The refinery previously underwent a clean fuels upgrade in 2014 to reduce sulfur content in its products. The refinery is notable for its high yield of gasoline and distillate products, exceeding 80% per barrel—higher than many comparable refineries. Its product mix can be adjusted to meet seasonal or market-specific demands, reflecting its processing flexibility.
Recent Announcements:
A Word of Caution: This latest development comes on the heels of Aramco’s recent announcements of other mega-project transformations, including the $10 billion expansion of the SASREF refinery (to add 400,000 b/d of petrochemicals capacity) and the $7 billion upgrade of the Yasref refinery (to integrate a 2.5 million-ton-per-year ethylene cracker). These projects are part of Aramco’s broader $100 billion liquids-to-chemicals program, which aims to shift its downstream focus from fuels to high-value chemicals. However, as industry analysts, while recognizing the impressive scale of the recently announced petrochemical transformation projects, we must caution this ambitious 4 million b/d target faces significant hurdles:
#aramco #tc2c #oiltochemicals #liquidstochemicals #fullbarrelconversion #saudiaramco #exxonmobil #samref #yasref #sinopec #sasref |
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The description of the SAMREF refinery has been updated. |
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Technology |
The Badger Ethylbenzene Technology has been added.
#badgerr #badgerlicensing #ethylbenzene #exxonmobil |
Operations |
Details about existing plants and refinery capacity have been updated. Absent more detailed information about plant capacities, mass balance can not be generated. |
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Operations |
The description of the Baytown complex has been updated. |
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Technology |
Our technology article describing the alkylation of isoparaffins to form alkylates blend stock for gasoline has been updated. |
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Sipchem announced on July 4th on Linkedin to have "signed an Engineering and procurement Sign off of its Expanded Production Capacity for High-VA Ethylene Vinyl Acetate ( EVA) production plant." |