Results for tag: "Pet Coke To Chemicals"

Petroleum coke, often called pet coke, is a byproduct of the oil refining process. In terms of its relationship with coal, pet coke is similarly used as a source of energy and as a feedstock for the production of chemicals due to its high carbon content. However, it is distinct from coal and is typically considered a more concentrated form of carbon. The pet coke to chemicals market involves the conversion of pet coke into valuable chemicals, such as methanol, ammonia, and urea. These chemicals are essential for various industrial processes and the production of fertilizers. The transformation of pet coke into chemicals is an alternative route to utilizing traditional fossil fuels like coal and natural gas, providing a use for what would otherwise be a waste product of the oil refining industry. Several companies operate within the pet coke to chemicals market, investing in the technology and processes to make this conversion efficient and environmentally sound. Some of these companies include Royal Dutch Shell, ExxonMobil, Chevron Corporation, Reliance Industries, and Saudi Aramco. These industry players are involved in refining, petrochemical production, and technological advancements to optimize the use of pet coke as a chemical feedstock. Show Less Read more