Axens has seen the trend of an increasing supply of heavy sour crudes combined with a shrinking market for high sulfur fuel oil or petcoke push the Oil Industry to find reliable and flexible solutions for Resid Conversion. In addition, refiners are also required to meet SOx, NOx and particulate emission regulations.
In 2020, Axens and Exxon Mobil Catalysts and Licensing signed an alliance agreement to allow Axens to provide an integrated Resid Conversion solution: FLEXICOKING™ Technology.
