Crude oil refining & petrochemical integration

Typically processed in an oil refinery, crude oil is transformed into a variety of fractions such as naphtha, diesel, kerosene, gasoline, and high boiling residue.

Crude oil-to-chemicals (COTC) technology directly convert crude oil to high-value chemicals instead of traditional transportation fuels. It enables the output of chemicals reaching 70% to 80% of a barrel of crude oil producing chemical feedstock as opposed to 8~10% in a non-integrated refinery complex.

In the dilemma of diminishing returns on refined oil products, crude oil-to-chemicals (COTC) technology could be the next step forward for refiners.