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Product category: Oil, Gas, Petrochemical Industry News
News Release from: RCCnews | Subject: Russian petrochemical conference
Edited by the Processingtalk Editorial Team on 02 May 2005

Russian petrochemical conference report

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The recent International business conference and exhibition of oil refining and petrochemical industry of Russia and the CIS discussed the development of smart refineries

The International business conference and exhibition of oil refining and petrochemical industry of Russia and the CIS was held April 20-21, 2005 in Moscow The participants of the conference represented over 20 Russian and foreign companies

The conference was organized by EPC with the support of the RF Ministry of Industry and Power.

The list of issues discussed at the forum included a review of oil refining and petrochemical markets, logistic problems, increasing the profitability of companies and production automation.

Reports were delivered by Colin Chapman, President of EPC; Mike Witling, a facility assessment manager from Foster Wheeler; Nadzhi K Abu, an economist and analyst from a UOP refinery; Simon Rogers, Vice-President of software from KBC; Regis Riebon, a senior engineer and adviser from Technip; Hristof Verhooven, senior sales manager from Siemens; Leonid Sorokin, director of strategic development from Honeywell Russia; Sergey Anokhin, business development manager from SAP; Alexey Pastukhov, project manager from PACC.

Fred Manly's report "Advantages of smart refineries" caused a heated discussion which touched upon the problems of the environmental impact produced by the petrochemical industry.

The speaker forecast that using smart technologies the world will produce low-sulphur oil within the next 4-5 years.

Fred Manly emphasised the advantages that the proposed system of smart refineries can offer.

Those advantages lie in the fact that the system is based on predicted parameters.

Smart refineries make it easier to prevent emergency situations at plants, help maintain a direct contact and make the manufacture more profitable.

The topical issue of whether the modernisation of an operating refinery in Russia is more profitable than the construction of a new one was also discussed.

As a result of the debates, the participants came to the conclusion that the final decision must be based on the comparison of the options and must take into consideration both technical and commercial factors.

Sometimes legal aspects may become decisive (for example, laws specifying the emission of hotbed gases).

The ultimate conclusion was that in most cases the expansion of operating capacity with a simultaneous updating of certain units of equipment is the best way to essentially raise the profitability of production.

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