Product sedimentation is a significant issue for many manufacturers. Firstly, this means physical loss of the product. Secondly, the tanks require cleaning — a lengthy, cumbersome and expensive process.
goals,’ reports the press service of PKN Orlen, a Polish oil industry corporation. Indeed, the company has unveiled its own incremental strategy to 2030. By then, around a half of the Group’s profits from crude oil processing will be derived from the petrochemical business. The company is set to ramp up its capacity in olefins and other base products, and at the same time strengthen its position in the production of polymers (a business line with attractive growth potential, the concern noted) by extending the value chain and entry into compounding and concentrates. At the same time, the share of specialty high-margin products (such as phenol and aromatic derivatives) will grow from 16% to approximately 25%. Recycling and biomaterials will become new branches of the petrochemical segment. ‘By 2030, the Group will expand its waste processing capacity (mainly plastics) to 0.4 million tonnes, while introducing advanced closed-cycle technologies,’ the PKN Orlen press release explains. New standards Such large-scale transformation requires new solutions. ‘We recycle waste, residues and innovative primary products into renewable fuels and eco-friendly raw materials to make plastics and other materials,’ says the Finnish Neste. For example, renewable and processed raw materials become part of crude refining. The French oil and gas company TotalEnergies
I s s u e
9
25