Despite low energy prices, energy conservation continues to be an important component of business strategy in the oil refining and chemical industries.
Despite low energy prices, energy conservation continues to be an important component of business strategy in the oil refining and chemical industries. Driven globally by the need to increase operating margins or meet government mandates (e.g., natural resources in Saudi Arabia, or European emissions standards), operating companies are seeking new solutions to improve energy performance.
Energy efficiency is a mature area of operational optimization in refineries and petrochemical complexes. Many of the tools, techniques and technologies are familiar to the industry. A consequence of this familiarity may be the perception that all of the usual avenues for improvement have been exhausted. Th
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