A New Distillation Plant Extends Physical Limits outsmarted?
A question to Stefan Opis, CEO Iludest/i-Fischer
PROCESS: Mr. Opis, You speak of payback periods of a few days for your ASTM plants. How is this possible?
Opis: Refineries earn most of their money through the medium crude fractions. The crude oil qualities have fallen sharply in the last few years, so that the proportion of bottom-level “black” product is increasing and as a result profits are falling. Therefore refineries are blending raw feedstock as well as product fractions in order to optimize their investments and to increase the proportion of the profitable medium fractions. But for this, the operator needs accurate data for exercising control. And this is where our ASTM plants come into play. By using the data from our distillation units consistently, the refinery manager can exercise accurate control of the refineries and achieve a surplus yield of profitable products. Even under the currently prevalent low market price conditions, it quickly adds up to several thousands of Euro per day. Thus, you have already easily recovered the price of our ASTM plant in less than 14 days.