Siluria Technologies and Wood have announced the availability of their jointly developed process technology for petroleum refiners.
Jointly developed by the companies, Modus provides a cost-efficient, one step process to upgrade low value refinery off gase that are otherwise burned for heat, into high value fungible refinery products. The process expands revenue sources and ultimately increases profitability.
The process is based on a commercially proven catalyst system that converts light olefins (such as ethylene and propylene, often contained in refinery offgas streams) to high-quality gasoline blendstock with a 90+ octane rating and ultra-low sulfur content.
“Many refinery offgas and fuel streams contain varying amounts of olefins, which require complex and costly solutions to recover. As a result, these valuable streams are often burned for fuel or heat,” said Robert Trout, Siluria’s President and CEO. “Modus provides a simple, reliable alternative by upgrading these fuel-value streams to more valuable liquids that can be easily integrated into the refinery product slate.”
“Modus provides multiple benefits to refiners including greater operational flexibility and the potential for emissions reductions, without disruption to continuous operations of the refinery,” said Robin Watson, Chief Executive of Wood. “This technology creates and enhances value for our customers through a unique chemical conversion to provide a valuable product stream for the refinery.”
The process technology can be readily integrated into existing refinery operations with minimal capital investment and operating impacts. Based on standard modular design and construction, it can be rapidly deployed as a standalone upgrade during routine maintenance turnarounds or revamp projects.