methaforming production of gasoline from naphtha and ... · total npv, $million 1 300 1 080 + 220....
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Methaforming®
Production of gasoline from naphtha and methanol at 1/3 the cost
NGTS customer presentation for ERTC 8Oct17 metric 1
Methaforming: One Step Conversion of Naphtha with Methanol into Gasoline
NGTS customer presentation for ERTC 8Oct17 metric 2
• Simple one step process
• No precious metals in the catalyst
• High yield of high-octane gasoline blendstock
• Capital and operating costs like a hydrotreater
Methaforming
unit
10 atm
380 C Stab
ilize
r
Methanol or FCC
dry gas (25%)
Naphtha (35-180°C)
H2, H2S
С1-С4
Gasoline blendstock 92 RON
10-30 ppm sulfur
<1.3% benzene
Water
Methaformer: Process Flow and Yields
• Process flow like a hydrotreater except: • Methanol instead of hydrogen
• No recycle compressor
• Yields like a CCR reformer except: • Most benzene converted to toluene
• Half of methanol becomes water
NGTS customer presentation for ERTC 8Oct17 metric 3
Methaforming vs Reforming: Simpler and Cheaper
Catalytic reforming and isomerization Methaforming
• Most common technology Reduce costs to 1/3
• Feed hydrotreater required
• Several process units
NGTS customer presentation for ERTC 8Oct17 metric 4
*for sulfur <1000ppm in naphtha
Catalytic Reforming & Isomerization
Hydrotreater*
Reforming
Isomerization
85 – 180 C
35 – 85 C
Naphtha
High octane
gasoline
Benzene reduction
Methaformer vs Traditional Reforming Suite (HDS+CCR+isom)
Methaforming is better than combined process with CCR reformer $ 18 million/yr profit margin advantage $106 million lower capex
Net present value @12% is $220 million better What % of the worldwide reformers are semi-regen?
NGTS customer presentation for ERTC 8Oct17 metric 5
New 860 K tpa unit (20 K BPD)
Methaforming Alternative ∆ Methaforming -
Alternative
Yields, $million/yr 206 202 + 4
OpEx, $million/yr 7 21 - 14
CapEx, $million 50 156 - 106
Total NPV, $million 1 300 1 080 + 220
Slido Poll
What % of the worldwide reformers are semi-regen?
NGTS customer presentation for ERTC 8Oct17 metric 6
Upgrade Semi-regen Reformer to Methaformer
Methaforming is better than a semi-regen reformer:
$ 64 million /yr profit margin advantage
$ 20 million capex for conversion
Net present value @12% is $410 million better
NGTS customer presentation for ERTC 8Oct17 metric 7
Existing 860 K tpa unit (20 K BPD)
Methaforming Alternative ∆ Methaforming -
Alternative
Yields, $million/yr 206 149 + 57
OpEx, $million/yr 7 14 - 7
CapEx, $million 20 - - 20
Total NPV, $million 1 330 920 + 410
Methaforming: Flexibility for Many Applications
NGTS customer presentation for ERTC 8Oct17 metric 8
1. FCC dry gas olefins can replace MeOH
Increases margin by $100/t of naphtha
2. Process light virgin naphtha
Upgrade by $170/t with MeOH and $330/t with C2=
380 k tpa unit is $12 million/yr better than isomerization
3. Upgrade raffinate from aromatics extraction and C6-rich
stream bypassed to gasoline by $200/t
4. Process natural gasoline, FCC & coker naphthas
Remove 90% of sulfur and increase octane
Methaforming Light Virgin Naphtha with C2= vs Isomerization with Recycle
Methaforming is better than isomerization: $ 12 million/yr profit margin advantage $ 20 million lower capex
Net present value @12% is $110 million better
NGTS customer presentation for ERTC 8Oct17 metric 9
New 380 K tpa unit (10 K bpd )
Methaforming Alternative
(isom) ∆ Methaforming-
Alternative
Yields, $million/yr 120 110 + 10
OpEx, $million/yr 4 6 - 2
CapEx, $million 30 50 - 20
Total NPV, $million 860 750 + 110
Grassroots Methaformer to Process Raffinate and FCC dry gas
Methaforming gives a $27 million/yr profit margin advantage
upgrading 88 K tpa raffinate
Net present value of the project @12% is $160 million
NGTS customer presentation for ERTC 8Oct17 metric 10
New 88 K tpa unit (2 K BPD)
Methaforming
Alternative (direct
blending)
∆ Methaforming- Alternative
Yields, $million/yr 89 60 +29
OpEx, $million/yr 2 0 +2
CapEx, $million/yr 17 0 +17
Total NPV, $million 160 n/a +160
NGTS customer presentation for ERTC 8Oct17 metric 11
Core Team: Chemical Science, Engineering and Business Building
Denis Pchelintsev, PhD – CEO Co-founder of several technology startups. Author of oil spill clean-up technology
Joseph Lischiner, PhD (25 patents) – Technologist Co-inventor, author of gas-to-methanol-to-gasoline and oligomerization plants.
Stephen Sims – President of NGTS-North America Energy Advisor at Houston Technology Center and World Bank.
Pres of General Methanol. Career with major oil: Exxon, Citgo, ConocoPhillips.
Alexei Beltyukov – Chairman of the Board Entrepreneur, several profitable exits. Started Brunswick Rail (now >$2bn);
managed a portfolio of industrial assets, IRR>42% over 9 years. Previously at
McKinsey.
Co-inventor of the catalyst. Successful tech projects with Bayer, Eni.
Olga Malova, PhD (30 patents) – Head of Catalysis
Pilot Plant
Micro plant
Reactor volume – 10 ml, 0.19 l/d
Total test time - 5+ years
Laboratory plant
Reactor volume – 0.1 L, 1.9 l/d
Total test hours > 2000
Typical hours per test – 6
Pilot plant
Reactor volume – 2 L, 38 l/d
Start up – Feb 2015
Confirm yields, catalyst run & life
NGTS customer presentation for ERTC 8Oct17 metric 12
Laboratory plant
Pilot plant
• Completed 2 Preliminary Technology Packages
• Completed Freedom to Operate analysis
• Guided by US patent attorney
• 4 patents in PCT process national phase
• 2 recent PCT patents
• Catalyst protected by trade secrets
NGTS customer presentation for ERTC 8Oct17 metric 13
Current Status: Intellectual Property
Current Status
6 k tpa (150 bpd) commercial plant start-up in Oct
• Initial feed: mix of low-octane naphtha
• Located east of Moscow
NGTS customer presentation for ERTC 8Oct17 metric 14
Ongoing Refiner Discussions
• Owner of the site for the 6 k tpa commercial plant: 120 k tpa Methaformer at their other site
• Major Russian refiner: 470 k tpa (11 k bpd) Methaformer in long-range plan for 2020
• Conducted 50 feed-specific pilot plant tests totaling 500 hrs
• Feed: raffinate, benzene precursor naphtha, light FCC naphtha & FCC dry gas
• Major Russian refiner: 21 k tpa (500 bpd) Methaformer
• Conducted 3 sets of pilot plant tests
• Feed: light naphtha, full range naphtha
• Idle process unit in China: Convert to 150 k tpa (3.5 k bpd) Methaformer for full range naphtha
NGTS customer presentation for ERTC 8Oct17 metric 15
Convert Idle Unit: Low Capex Way to Benefit from Methaforming
Convert an idle existing hydrotreater or reformer to Methaformer for < $ 5 million
Do you have an idle unit ?
NGTS customer presentation for ERTC 8Oct17 metric 16
Methaforming: Summary
• Upgrade low octane naphtha by $130-330/t
• Produce gasoline from naphtha and methanol at 1/3 the cost with comparable yields
• We can predict results for your naphtha
NGTS customer presentation for ERTC 8Oct17 metric 17
Denis Pchelintsev E. Europe, Middle Asia D.Pchelintsev@ngt-s.ru +7 (903) 527-2200
Stephen Sims Americas, W. Europe
S.Sims@ngts.us
+1 (832) 640-5921
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