ExxonMobil to License Technology for Chinese Resid Upgrading Unit
ExxonMobil Catalysts and Licensing has announced an agreement with Sinochem Hongrun Petrochemical Co Ltd, to license ExxonMobil’s Flexicoking technology to build a resid upgrading unit at Sinochem Hongrun’s High-End Chemical Park located in Binhai Economic-Technological Development Area, Weifang City, Shandong Province, China.
This grassroots unit will process about 1.2-mtpa of vacuum residue feedstock and enable Sinochem Hongrun to produce high quality liquid products including clean transportation fuels and chemical feedstocks as well as clean-burning fuel gas. The project is currently in the engineering design phase and targeted for start-up in 2020.
“ExxonMobil’s Flexicoking technology offers greater flexibility than conventional delayed coking,” said Mr. Chris Birdsall, President of ExxonMobil Catalysts and Licensing. “The application of this technology will help the Sinochem Hongrun refinery optimise resid upgrading by minimising capital investment and energy consumption,” he added.
The process technology also provides significant environmental advantages by eliminating open air coke handling and coal transportation and reducing fired heater emissions due to the clean-burning fuel gas produced by the Flexicoking unit.
The Flexicoking technology is a continuous fluid-bed technology that thermally converts heavy oils – such as vacuum resid, oil sands bitumen, deasphalter bottoms and FCC bottoms – to lighter, more valuable products. By integrating fluid coking with air-steam gasification, Flexicoking technology substantially eliminates petroleum coke production while providing a clean fuel gas. As a result, the process offers comparatively greater flexibility when upgrading residuum.
2026-10-26
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Shell and ExxonMobil Weigh $8 Billion Sale of Joint Venture Chemicals Business
-
South Korea to Impose Anti-Dumping Duties on Caustic Soda: Chinese Mainland Firms Face Up to 22.21%, Taiwan Region 38.89%
-
Shell Plans to Sell U.S. Chemical Assets for Up to $8 Billion, with ExxonMobil and LyondellBasell Joining the Bidding
-
EAEU Initiates Review of Anti-Dumping Measures on Chinese Titanium Dioxide, Suspends Duties During Investigation
-
Three Major Indian Chemical Investments Target China's PC Exports
-
Pakistan Launches Successive Anti-dumping Investigations against Chinese Products, Involving Soda Ash, Ibuprofen and Other Raw Materials
-
South Korea Initiates Anti-Dumping Probe on Chinese PVC Suspension Resin, Involving Tianjin Bohua and Wanhua Chemical
-
China Keeps Registering Pesticides
-
India Launches Anti-Dumping Probe into PET Film from China, Singapore, Thailand and the UAE
-
INEOS Warns Chinese Chemical “Dumping” Is Hitting Europe’s Industry
Recommend Reading
-
Hormuz Crisis Exposes India’s Agrochemical “First Mile”
-
Hormuz Crisis Exposes India’s Agrochemical “First Mile”
-
$1.35 Billion! AkzoNobel to Sell Decorative Paints Business in Southeast Asia and Australia to Nippon Paint
-
Syngenta Caught in Trade Crossfire
-
BASF Raises API and Excipient Prices
-
Post-holiday Maleic Anhydride Prices Rise in China
-
Business Society October 8, 2026 Palm Oil Trend Analysis: Volatility
-
Business Society’s Market Outlook for Lithium Carbonate on September 10, 2026: Decline
-
Business Society October 8, 2026 LDPE Trend Analysis: Volatile with a Slight Bullish Bias
-
Business Society’s September 10, 2026 Styrene Market Outlook: Volatile Trend