The downturn in oil prices has caused many refiners to look at areas of the business where efficiency could be increased and / or savings made.
One of the areas under scrutiny is catalyst turnaround, including the loading of the new catalyst, discharge and recycling of the spent catalyst.
The recycling of spent catalyst is an area that for a long period of time had kept a very low profile. Metal prices were favourable and although returns were small in comparison to earnings from oil production, the spent material had a positive value, buyers were readily available and the disposal of the spent catalyst was not a cause for concern. However the importance of environmentally sound recycling options has grown significantly in recent years due to the pressure both legislatively and environmentally. National and international requirements for spent catalyst generators have forced refiners to comply with increasingly restrictive legislation.
London Chemicals & Resources Ltd. recognised in third edition of ‘London Stock Exchange’s 1000 Companies to Inspire Britain’ report
Identifies fastest-growing and most dynamic small and medium-sized businesses (SMEs) in UK
London Chemicals & Resources Ltd. is an international distributor and supplier of chemicals and metals for industrial use.
London Chemicals & Resources Ltd. has been identified as one of London Stock Exchange’s 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.
PRC Europe is an annual international downstream oil and gas event, a part of BGS Group PRC series which extends its coverage to Russia, CIS, Europe and other regions. The Congress brings together industry leaders who are upgrading their business models and switching to new technologies.
The downstream sector is in continuous evolution, and European refining industry is unceasingly facing different challenges: stream of changes in product demand and ever-more-stringent environmental regulations. Making adjustment of business processes to remain competitive in different scenarios requires more flexibility and best cost-saving solutions from the whole value chain.
London Chemicals & Resources Ltd will be offering commercially competitive Recycling options / solutions, to oil refineries and petrochemical producers, for their spent catalyst.