Let’s discuss: which refining process do you think was the most profitable in 2017?
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Which refining process do people think is the most profitable in 2017? I hope we can all share our opinions
In terms of efficiency, the process that maximizes the conversion of crude oil into light oils is the most profitable one; it is also the process that results in the lowest yield of black products. For individual processes, it is still those devices that turn waste into resources, such as coking and light hydrocarbon recovery. If we consider only the refining stage, moving from a product that cannot be released from the factory to one that is fit for release represents the most significant improvement; yet in reality, any manufacturing process is continuous and not isolated.
Catalytic cracking is the most profitable process in refineries. The products with the lowest quality are those that generate high added value. However, with increasing environmental regulations, hydrocracking will have to be developed sooner or later.
The device that eats grass and produces milk is the most profitable! ;P
There have always been ways to make money, such as oil slurry extraction; this is indeed a good project. It’s a pity that the investment required is high. Many factories equipped with benzaldehyde facilities have either become outdated or are in use for other purposes. Otherwise, how cheap would the oil slurry be? Extracting aromatics would definitely be profitable.