On a commercial and technical level, they include:
Processing different crudes - sweet or sour, light or heavy
Compliance with new, varied product specifications, for transport fuels such as gasoline, diesel, and fuel oils, across different geographies such as North America and Europe
Other environmental regulations designed to minimize the impact on the planet
Relentless competition
Factors affecting the profitability of refining assets include:
Company focus: what is the refiners core business?
Reliability and flexibility
Availability of capital
Availability of human resources
At AIR LIQUIDE, we have developed simulation tools, products and services that can help refiners like you meet your objectives. In conjunction with our alliance partners, we can package integrated solutions to supply hydrogen, nitrogen, oxygen and power. These molecules can be supplied through pipelines, via onsite units, in liquid form and in various combinations of these.
Our strategy is to understand your needs as a refiner and to develop customized solutions that deliver cost-effective results for more value than originally expected. And we can relieve you of the investment outlay by owning and operating these utility complexes ourselves.