Maximization of the refining margin forms the platform of today’s refinery economics. It dictates refineries to maximize the production capacity of highly demanded refinery products, while reducing the cost of their crude oil feed. Furthermore, refineries must be flexible to cope with unexpected geopolitical changes in oil producing countries, shifting toward an increased demand of middle distillation and extreme fluctuations in crude oil prices force refineries be competitive.

Modcon is pleased to announce its article “The economics of process analysis” published in the February 2017 issue of “Hydrocarbon Engineering”.

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