Margin Improvement Study Helps Major South East Asia Refinery capture 0.3 $/bbl of Additional Margin With No Or Low CAPEX Solutions

Executive summary

• Key takeaway: Even in the top-tier / quartile refineries, there is always additional margin to capture. Refiners can rely on Axens to unearth incremental margin potential promptly even for third party License technology, which was the case in this study. Axens knowledge on all the refining technologies put us in a unique position to identify these potentials.
• In the frame of Axens Horizon services, our experts carried out a “Margin Improvement Study” for a major south-east Asia refinery (230,000 BPD) that was focusing on three areas: gasoline process units, gasoline pool blending and the refinery hydrogen network.
• The study, performed within 12 weeks, resulted in optimization proposals on current refinery operation with priorities on low CAPEX solutions
• Out of the 20 solutions initially suggested by Axens, 13 were selected for implementation for a total margin improvement potential of 27M$/y (0.34 $/bbl).
• Before the end of the study, the first item identified by Axens was already implemented by the client, providing an immediate 2.8 M$/y margin gain for the refinery.