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Innovative routes to Petrochemicals/ChemicalsMorten Schaldemose

EVP, Haldor Topsoe

2

Agenda

Market situation and trends

Methanol - the Alternative

Refinery streams to petrochemicals and chemicals

Solution: Flexible, diversified and integrated

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Market trendsCrude to chemicals and increasing demand from the fertilizer industry

• Over the next decades fuel production is expected to stagnate, while companiesconvert larger shares of the crude intopetrochemical products

• Significant growth is predicted for the petrochemical market within coming years

Meanwhile,

• Global Steam Cracking capacity is rapidly on the rise potentially carying the risk of over supply of olefins.

• Fertilizers demand in India is set to grow by 3 % and already today exports make up a substantial part of Indian consumption.

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An alternative to steam cracking: MethanolUsed in an increasing number of applications

Formaldehyde (wood, pharma, Automotive)

Acetic acid (Fleece, paints, Adhesives)

Dimethyl Terephtalate (recyclable plastic bottles)

Methyl Chloride (Silicones)

Fuel blending

DME (di-methyl-ether)

MTO (Methnol-to- Olefins)

MTBE

BioDiesel

Marine Fuels

Energy and MTO (40% of demand and high growth)Traditional uses (60% of demand)

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Refinery streams to Petrochemicals/Chemicals

Gasification

Syngas purification and adjustment

CoalNatural Gas Petcoke

Reforming

Refinery Gases

Methanol synthesis

HydrogenAmmonia synthesis

H2 / CO

BiomassRefinery products and waste

Naphtha

Petrochemicals & Chemicals

Feed Pretreatment & Purification

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IMAP™ portfolioThree solutions

IMAP Methanol+™IMAP Methanol+™

IMAP Ammonia+™

IMAP Urea+™

IMAP Ammonia+™

IMAP Urea+™

IMAP™ in-line design

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Ammonia and methanol production

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Ammonia and methanol production

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Ammonia and methanol production

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Topsoe IMAPTM Co-productionCustomer

Site

Country

Methanol

capacity

MTPD

Ammonia

capacity

MTPD

Start-up

SEMADCO *)

Talkha, Egypt

72 286 1993

Terra Industries, Inc. *)

Woodward, Oklahoma, USA

363 600 1994

Heilongjiang Chemical Plant *)

Qiqihar, Heilongjiang, P.R. China

120 600 1999

Petronas Fertiliser (Kedah) SdnBhd

Kedah, Malaysia

200 1,125 1999

Sichuan Lutianhua Stock Co., Ltd. *)

Sichuan, P.R. China

136 314 2003

Tatarstan

Russia

670 1,382 2015

SchekinoAzot

Russia

1,350 415 2018 (exp.)

Lavan

Iran

3,000 900 2020 (exp.)

*) Revamp of existing plant

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IMAP™ co-production technologyKey benefits - Any product split between ammonia and methanol can be produced

IMAP™ Shared reforming

section

Shared utilities

10–25% savings on

capital expenditures

No surplus production of

CO2

Flexibility towards

market price fluctuations

Lower unit cost for any

capacity

Less real estate

required

Up to 4% savings on operating expenses

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From Petcoke to Chemicals

Sulfuric acidAir

PetCoke Syngas

Steam

Steam

N2

CO2

MeOH

DME product

MeOH product

Urea product

NH3 product

O2

NH3

GasifierFinal

purification

NH3

synthesis

WSA™

Urea

synthesis

MeOH

synthesis

DME

synthesis

ASU

Sour shiftAcid gas

removal

H2S

Methanation SNG

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Takeaways

The future of refiners lies with flexibility with a differentiated & diversed product mix.

A solution is to converting low valuefeedstocks into Methanol-to-Olefins, DME, Urea, DAP

Further integration with the fertilizers industry is needed into the refinery streams