Petrochemical Technology: Petrochemical Technology: Vision 2030Vision 2030

Mike MillardMike Millard

Sr Vice President Sr Vice President Catalyst Adsorbents, and SpecialtiesCatalyst Adsorbents, and Specialties

1914 - 2014 A Century of Innovationin the Oil and Gas Industry

Catalyst Adsorbents, and SpecialtiesCatalyst Adsorbents, and SpecialtiesUOP LLC, USAUOP LLC, USA

October 30, 2014October 30, 2014

© 2014 UOP LLC. All rights reserved.

1970s UOP ParexTM Process

1990 UOP OleflexTM Process

2005 National Medal of Technology Honor

2008 Methanol to Olefins, UniflexTM Green Jet Fuel Technology

2011 UOP MaxEneTM Process

Today UOP licenses more than 50 processes and more than 90 catalysts to refiners worldwide

1914 Dubbs Cracking Process

1938 High Octane Aviation Gasoline

1949 UOP PlatformingTM Process

1957 Zeolites for Catalytic Cracking

1960s Unleaded Gasoline Technologies

1968 Biodegradable Detergents

1970s Automotive Catalytic Converter

UOP – Strong History of Innovation

2 UOP - CONFIDENTIAL

processes and more than 90 catalysts to refiners worldwide 1970s Automotive Catalytic Converter

Continuous Innovation for 100 YearsContinuous Innovation for 100 Years

Aromatics Olefins

Petrochemical Technology Areas

3 UOP - CONFIDENTIAL3

UOP ParexTM Process

UOP TatorayTM Process

UOP IsomarTM Process

UOP PX-PlusTM Process

UOP OleflexTM Process

UOP Advanced MTOTM Process

Global pX Supply / Demand

4 UOP - CONFIDENTIAL File Number

� Maximizing asset utilization

� Greater on-stream efficiency

and reliability

Higher pX - Naphtha Spreads

� Identify gaps to increase

profitability

� Execute product, energy efficiency

and debottlenecking solutions

Business Priorities

Lower pX - Naphtha Spreads

Technology helps customers in both scenariosTechnology helps customers in both scenarios

� Identify profitable projects to

prepare for the up-cycle

Continuous Innovation ForExisting and New Aromatic Complexes

Pro

du

cts

Desig

ns

Parex

ADS-37Parex

ADS-47

Tatoray

TA-30

Isomar

I-500

Parex High

Capacity

Revamp

Energy

Efficient

Designs

Tatoray

TA-32

40 Units 6 Units 1 Unit7 Units10 Units

PX-Plus

PXP-5001 Unit

15 Units 3 Units

Isomar

I-600 Next

Generation

Designs

Next

Generation

Products

5 UOP - CONFIDENTIAL File Number

2004 2006 2007 2008 2009 2010 2014+20122011 20132005

+22% ROINet Energy Required

Reduced by 1/3 vs.

Best 2009 Designs

Additional 14%+ Energy Reduction

vs.

Best 2010 Design

+30% ROI +45% ROICAPEX and OPEX

Reductions vs.

Best 2012 Design

+15% ROIBase ROI

15 Units 3 Units

Substantial improvement in Yields, CapEx, and OpExSubstantial improvement in Yields, CapEx, and OpEx

Pathway to Growth

Benchmarking

Complex

Identify Gaps

Highlight Areas for

Opportunities

Process &

Energy

Improvement

Yield

ImprovementRevamp

Invest in

New Assets

Implement

Quick hits

Process and

Maximize

Yields

Upgrade

Maximize

production

Debottleneck

Invest in New

Assets

Enhanced Profitability Drivers

6UOP - CONFIDENTIAL

Customers have achieved 2 Customers have achieved 2 -- 3 years payback3 years payback

Opportunities

Develop Plan

Process and

Energy

optimization

Upgrade

Adsorbents

and Catalyst

Debottleneck

existing assets

< 1 Year 1 year < 2 Years > 3 Years

Implementation Time

Base

1.3 x Base

1.5 x Base1.6 x Base

Customer Example

Major Aromatics Complex Revamp Improved products and Minor Revamp

pX Production

7UOP - CONFIDENTIAL

Implementation Time

Over 60% Increase in pX Production over original design Over 60% Increase in pX Production over original design and project payback less than 3 Yearsand project payback less than 3 Years

< 3 Years < 1 Year < 1 Year

Aromatics Olefins

Petrochemical Technology Areas

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UOP ParexTM Process

UOP TatorayTM Process

UOP IsomarTM Process

UOP PX-PlusTM Process

UOP OleflexTM Process

UOP Advanced MTOTM Process

Tremendous Opportunities in Propylene

192830

40

50

Mil

lio

n M

TA

Incremental Propylene Supply

Propylene - Steam Cracking & FCCPropylene - On-purpose

� Shift to ethane steam crackers (shale gas) and slow gasoline lowers future propylene sources

� UOP options for

>18 Million MTA of on-purpose propylene additional capacity needed by 2025

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0

10

19

0

10

20

2010 2015 2020 2025

Mil

lio

n M

TA

� UOP options for on-purpose propylene production

• UOP OleflexTM Process

• UOP Advanced MTOTM Process

Source: IHS Chemical

The world market continues to drive demand The world market continues to drive demand for products derived from for products derived from propylenepropylene

UOP 6669-99

Oleflex and MTO Technology

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� Highest Olefin Yield

� High P/E Flexibility

� Maximum Single Train Capacity

� Lowest Catalyst Make-up Rate

UOP Advanced MTO Technology

UOP’s Oleflex and MTO Technology Well UOP’s Oleflex and MTO Technology Well Positioned to Meet Olefins DemandPositioned to Meet Olefins Demand

UOP OleflexTechnology

� Positive Pressure / Pt Catalyst

� Lowest Energy Usage

� Fewest & Smallest Reactors

� Catalyst Change-Out without Shutdown

UOP Oleflex Track Record of Innovation

2007 – DeH-16 Catalyst (6th Generation)

2004 – 460 kMTA propylene designed

2011 – 750 kMTA propylene designed

2013 – 1000 kMTA propylene design

2012 – UOP/HPS Oleflex Automation Package

3030thth licensed Oleflex Unitlicensed Oleflex Unit(>12.0 MMTA)(>12.0 MMTA)

15th licensed Oleflex Unit 15th licensed Oleflex Unit (>5.0 MMTA )(>5.0 MMTA )

2014 – DeH-18 (7th Generation)

19901990--19921992 - 1st Commercial Oleflex Units with DeH-6 Catalyst

1992-1993 – DeH-8 and DeH-10 Catalysts (2nd and 3rd Generations)

1996 – DeH-12 Catalyst (4th Generation)

2001 – DeH-14 Catalyst (5th Generation)

1995 – 250 kMTA propylene designed

1998 – 300 & 350 kMTA propylene designed

2004 – 460 kMTA propylene designed10th licensed Oleflex Unit 10th licensed Oleflex Unit

(>3.0 MMTA)(>3.0 MMTA)

Proven Continuous Innovation Driven by Customer NeedsProven Continuous Innovation Driven by Customer Needs

Total Total

� ~10,000 kg/day (10t/d) of MeOH feed

� Fully integrated Advanced MTO Process Configuration

INEOS Demo UnitINEOS Demo Unit

� ~1,000 kg/day (maximum) of MeOH feed

� Multiple grades/sources of feed

� Reactor and regenerator configuration

UOP Advanced MTO Track Record of Innovation

� ~1 kg/day of MeOH feed

� Multiple grades/sources of feed

� Reactor and regenerator configuration

UOP Pilot UOP Pilot PlantPlant Wison CEC Wison CEC

� 2,300 t/d of MeOH feed

� Advanced MTO / OCP Configuration

UOP UOP Catalyst Catalyst

� New molecular sieve

family discovered,

silicoalumino-

phosphates (SAPO)

during early 1980’s

� MTO development

transferred from UCC

to UOP in 1988

Total Total Process Demo Process Demo

UnitUnit

2009

INEOS Demo UnitINEOS Demo Unit

(at the time Hydro(at the time Hydro))

1995

UOP Pilot UOP Pilot PlantPlantOperationOperation

1988

Wison CEC Wison CEC Industrial PlantIndustrial Plant

2013

UOP 6669-12

UOP UOP Catalyst Catalyst DevelopmentDevelopment

1980

30+ Years of Development 30+ Years of Development �������� Flawless StartFlawless Start--up up �������� Six New Unit SalesSix New Unit Sales

Manufacturing/Capital Costs

600

800

1,000

1,200

1,400

1,600

1,800

$/M

T L

igh

t O

lefi

n

13 UOP - CONFIDENTIAL File Number

0

200

400

$/M

T

CCOP Capital Charges

Technology:

Feedstock:

Products:

Location:

Feed Price:

CTO

Coal

C2=/C3=

Asia

$100/MT

Cracker

Naphtha

C2=/C3=

Asia

$956/MT

Oleflex

Propane

C3=

Asia

$800/MT

MTO

MeOH

C2=/C3=

Asia

$400/MT

Significantly Lower Costs with MTO and Oleflex

Vision 2030V

alu

e

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Va

lue

Process & Product Solutions

Refining & Petrochemicals

Integration

Enhanced User

Experience

EnhancedUser

Interface

Develop new enablers for value creationDevelop new enablers for value creation

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