The challenge

An Asia Pacific refinery was looking to increase its margins. The plan was to take a two-pronged approach. One program would focus on refinery optimization. The other program would focus on energy optimization.

Solution

By using Petro-SIM simulation software and Visual MESA Energy Real Time Optimizer (VM-ERTO), KBC determined the estimated benefits for each proposed project. They then narrowed down the profit improvement options to four opportunities that promised quick wins.

The results

The project reduced refining costs due to real time optimization provided by VM-ERTO. The result was the operator reducing energy costs by 1.5 %. After developing the RASCI matrix, the operator saved an additional 0.3%.