Three Reasons Why Refineries Should Consider Investing in Gasification

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International Process Plants (IPP) explores the benefits of gasification and announces a syngas gasification plant for sale.

One of the most compelling challenges of the 21st Century is finding a way to meet national and global energy needs. Oil refineries can help meet this challenge while generating more economic value by adopting a gasification process. According to the U.S. Department of Energy’s National Energy Technology Laboratory (NETL), there are clear benefits of adding a gasification system to a refinery.

International Process Plants (IPP) announces a complete refinery gasification plant, which converts refinery residue waste into clean synthetic gas or syngas, available for sale. This plant’s gasification capacity represents the following three benefits to a refinery:

1. Production of power, steam, oxygen and nitrogen for refinery use or sale.
Refineries usually convert their waste or residue into asphalt or bitumen, products from which they derive very little economic value. Gasification technology converts this waste into valuable commodities, such as power, steam, oxygen, hydrogen and nitrogen, which are used in everyday refinery operations. The NETL estimates these savings are worth $13,000-$55,000 per day. Additionally, using gasification technology refinery gasification plant is an attractive alternative energy source in regions with high natural gas prices.

2. Increased efficiency of power generation, improved air emissions, and reduced waste stream versus combustion of petcoke or residuals or incineration.
The IPP plant uses licensed technology from Texaco (GE Gasification), ABB, UOP, Parson and Praxair to convert 1,400 metric tons/day of heavy residues into over 3,000 metric tons/day of clean syngas,more than enough energy to power a 300 MW gas turbine. The facility is over-designed to accommodate crude oils other than the standard Arab Heavy, such as Basrah Medium high-sulfur and Iranian Heavy feedstocks and can be modified to consume petcoke or coal.

3. Potential to provide the high purity hydrogen that is used in a variety of refinery operations like impurity removal and hydro-cracking. Hydrogen is easily separated from the other components in the syngas output.

In addition to these benefits, installing a used gasification plant can yield cost savings compared to investing in a new plant. “Generally speaking, facilities such as a gasification plant can be dismantled, relocated, re-assembled and operating in less than half the time of designing and building a new plant from scratch. And, existing facilities can be purchased for 40 to 50 percent of the cost of a new plant,” says Michael Joachim, Director, Plants Department at IPP.

To learn more about the benefits of gasification for refineries, visit http://www.ippe.com.

About International Process Plants
International Process Plants (IPP) is a self-funded global buyer and seller of surplus manufacturing facilities, process plants, industrial real estate, and individual equipment that are no longer needed by their original owners. 80% of IPP’s purchases are from multinational companies and 20% are bought in distress situations. IPP’s business model provides the opportunity for companies to acquire such assets at competitive prices and in a fraction of the lead time of building or buying new, and serves as an outlet for companies looking to divest assets that have become surplus to their needs quickly and in a fiscally and environmentally conscious manner. IPP currently owns 17 complete plant sites including the land, buildings and equipment, 85 complete processes to be moved and operated elsewhere and a stock of 30,000 major pieces of process equipment. One of the largest companies in this business, IPP is a global company based in the US with company-owned operations in 17 countries that has been serving its 160,000 clients in the chemical, agrichemical, petrochemical, oil & gas, paper, plastic, power generation, metallurgical, fertilizer, artificial fiber, pharmaceutical and food industries for over 35 years.

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