KBC acquires new technology

The technology supports refineries in upgrading high sulfur residual oil into higher value products.

KBC claims that the acquisition will enhance the ability of refiners to use predictive analytical tools to assist them in making both operating and business decisions that result in safe, reliable and profitable operations.

Andy Howell, Chief Executive Officer of KBC, said: “This is an excellent new addition to our SIM Reactor Suite which enhances the unique domain knowledge embodied in people and tools at KBC. We are continually focused on advancing the core technology on which our simulation software is based so that we can address the ever-changing challenges faced by our industry. It enhances our refining customers’ ability to achieve excellence in their operations and further affirms KBC’s leadership in refinery-wide modeling. In addition to helping these customers address the challenges of changing sulfur emissions regulations, it also expands our low-carbon residue conversion technology modeling portfolio.”

Richard M. Eccles, President of PPE, added: “Ebullated-bed residue hydrocracking technology is well-proven and the leading way of creating value from even the most challenging residue feeds. PPE’s kinetic reactor model has the same first principles, kinetic foundation as KBC’s SIM Reactor Suite. PPE has collaborated with KBC in the past to combine the first-class technologies that both companies supply. The acquisition announced today will guarantee the availability of the technology and complete its integration with KBC’s software, bringing enhanced and sustained value to all refining customers.”

Read the article online at: https://www.hydrocarbonengineering.com/refining/30082017/kbc-acquires-new-technology/