WebApr 27, 2024 · Crude-oil-to-chemicals (COTC) is a mega trend of the downstream value chain for good reason. The energy transition is shifting the drivers of oil demand towards … WebMay 16, 2024 · HOUSTON (May 16, 2024) —A revolutionary new chemical process technology, called crude oil-to-chemicals (COTC), could more than double the profitability derived from a barrel of crude oil, according to a new, independent economic assessment from IHS Markit (Nasdaq: INFO), the leading global source of critical information and …
Crude-to-Chemicals (CTC): a straight-forward route for a ... - Axens
WebMay 20, 2024 · A revolutionary new chemical process technology, called crude oil-to-chemicals (COTC), could more than double the profitability derived from a barrel of crude oil, according to a new, independent economic assessment from IHS Markit Process and Economics Program (PEP). WebMar 1, 2024 · Correction: In the ICIS news story headlined “INSIGHT: Crude oil to chemicals (COTC), a refiner’s new mantra” dated March 1 2024, paragraph 28 and 29 incorrectly stated that the “Saudi Aramco-Sabic joint venture COTC complex in Yanbu, Saudi Arabia, has 4.7m tonnes/year of light olefins”. It is actually the Aramco-CLG project … lauv in jakarta
Crude oil to chemicals: How refineries can adapt McKinsey
WebFigure 1: Energy efficiency gains are expected to nearly double by 2040, while carbon emissions are pro- jected to increase by a modest 10%. (Source: ExxonMobil 2024 Outlook for Energy) Figure 2: Refinery-petrochemical integration.(Source: Bakshi and Gupta, 2014) Crude-oil-to-chemicals (COTC) continues to be a powerful industry driver, and a strong … WebDec 24, 2024 · Crude oil-to-chemicals (COTC) technology allows the direct conversion of crude oil to high-value chemical products instead of traditional transportation fuels. It … WebMay 19, 2024 · A revolutionary new chemical process technology, called crude oil-to-chemicals (COTC), could more than double the profitability derived from a barrel of crude oil, according to a new, independent economic assessment from IHS Markit (Nasdaq: INFO), the leading global source of critical information and insight. austin tunnels