November 2009

Refining Developments

Hydrocracking solutions squeeze more ULSD from heavy ends

New processing alternatives enable upgrading vacuum residuals into higher-value products

  Despite the present economic crisis, demand for diesel fuels is forecast to increase through 2020, albeit at a slower rate. Various forecasts indicate that world demand for diesel fuels should reach about 28.2 million bpd (MMbpd) by 2020 as compared to the present demand of 24.3 MMbpd. It is foreseen that the gap between demand for diesel and gasoline, which during 2008 was 2.6 MMbpd, will double to approximately 5 MMbpd by 2020. Diesel market. There are two elements within the diesel market: off-road, and on-road sales. Off-road sales relate to diesel for marine inland waterways, for heating, and for locomotives and tractors. This market is expected to experience an annual 0.4%

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