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Outsourcing can lower the cost of hydrogen, carbon monoxide or
syngas ("HyCO") to the refining or petrochemical industries.
It is a core product to an industrial gas company strategically
focused on HyCO. Air Products' skills and expertise are geared
towards producing HyCO products in the most cost effective and
reliable manner. We own and operate 35 steam reformers and partial
oxidation units around the world, located in areas of high refinery
and petrochemical activity such as: Rotterdam, The Netherlands;
Texas and Louisiana, US Gulf coast; Los Angeles Basin, California;
and Mab Tha Phut, Thailand.
Utilizing this continuous operating experience, the industrial
gas supplier brings advantages in HyCO supply not normally available
to the typical refiner or chemicals producer. Feedback and bench-marking
from its own HyCO plants allows continuous improvements to be
made both in initial design and in on-going optimisation, offering
significant cost savings. Further cost reductions are possible
by linking HyCO consumers together through a pipeline supply network
with multiple plant capability.
With large capital investment expected to be required - especially
in refining in the near to mid-term and with refining margins
not expected to be supportive of such investment - out-sourced
HyCO supply offers an effective way to minimise costs. Perhaps
more significantly in today's climate, it releases capital for
other investment opportunities aimed at improving the refinery
margin.
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