Using reactor simulations for a broad range of feedstocks, furnace and coil geometries, and operating conditions will optimize yield and energy. This creates incentive to optimize and re-configure existing facilities, as well as invest in new capacity to meet the demand. 5–20% of crude feedstocks into petrochemicals. The International Energy Agency forecasts that petrochemicals will account for more than a third of the growth in oil demand by 2030, and nearly half by 2050. Petrochemical demand growth is rapidly becoming the largest driver of global oil consumption. The software solution will deliver capital efficient plant design and optimization through end-to-end modeling of integrated oil refining, aromatics, and steam cracking complexes. 26, 2019 /PRNewswire/ - KBC (A Yokogawa Company) is extending its engineering simulation capabilities through a strategic partnership with AVGI, the leading source of simulation and optimization software for modeling olefin technologies. The combination and interoperability of Petro-SIM® and COILSIM1D provides capital efficient design and optimization to petrochemical refinery integrated facilities
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