ExxonMobil's FLEXICOKING Technology Selected by Hellenic Petroleum for Refinery Upgrade.FAIRFAX, Va. -- ExxonMobil Research and Engineering Company (EMRE) and Hellenic Petroleum Hellenic Petroleum S.A. is the largest oil refining company in Greece and with its roots dating to 1958 with the establishment of the first oil refinery in Greece (Aspropyrgos). It adopted its current name in 1998, changing from the Public Petroleum Corporation S.A. S.A. (HELPE) announced today that HELPE has selected EMRE's FLEXICOKING(1)technology for converting vacuum residue to lighter products for a refinery upgrading project in Elefsis, Greece. This 20 kBPD unit will be based on proven FLEXICOKING(1)technology which incorporates numerous significant upgrades developed and commercially applied to existing FLEXICOKING(1)units. FLEXICOKING, first developed and commercially applied 30 years ago, integrates fluid bed coking and air gasification gas·i·fy tr. & intr.v. gas·i·fied, gas·i·fy·ing, gas·i·fies To convert into or become gas. gas to eliminate petroleum coke production. It allows refiners to process vacuum resid re·sid n. Informal Residual oil. Noun 1. resid - oil products that remain after petroleum has been distilled residual oil , atmospheric resid, oil sands bitumen bitumen (bĭty  `mən) a generic term referring to flammable, brown or black mixtures of tarlike hydrocarbons, derived naturally or by distillation from petroleum. , heavy whole crudes, deasphalter bottoms, or thermal cracked tar to produce higher-value liquid and gas products. FLEXICOKING produces a clean low sulfur fuel gas which can be used economically in refinery furnaces and boilers, as well as by nearby consumers such as power plants, to minimize NOx and SOx emissions. It is particularly attractive in markets with limited coke demand combined with high-priced natural gas or fuel. EMRE is the research and engineering arm of Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. , a leading global oil, natural gas, and petrochemicals company whose subsidiaries have operations in nearly 200 countries and territories. Additional information regarding ExxonMobil and technologies it licenses can be found at http://www.exxonmobil.com/refiningtechnologies. Hellenic Petroleum S.A. is the leading Greek Refining & Marketing Company, with three of the four refineries in Greece and 73% of the local oil products demand. It operates the first private CCGT CCGT Combined Cycle Gas Turbine CCGT Chicago Center for Green Technology CCGT Combined-Cycle Generating Technology CCGT catalytic combustion gas turbine power plant in Greece and has a 35% share in DEPA DEPA Danish Environmental Protection Agency DEPA Distributed Enhanced Processing Architecture DEPA Defense Electric Power Administration (US Department of Energy; 1950-53) DEPA Dynamic Elastic Properties Analyzer , the gas pipeline and supply company. It is involved in petroleum products marketing in Cyprus, Serbia, Bulgaria, Montenegro, Albania and Georgia. For more information go to http://www.hellenic-petroleum.gr. Note to Editor: (1)FLEXICOKING is a trademark and proprietary process name of Exxon Mobil Corporation or its affiliates. |
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