Chemicals & Petrochemicals
Enabling the production of clean petrochemicals and chemicals by utilizing alternative feedstocks coupled with carbon capture.
Petrochemicals and chemical companies worldwide are looking at new & cleaner paths to build risk & market hedged poly product portfolios. Companies are also looking to utilize alternate feedstocks and wastes and also participate in the future energy carriers, viz. methanol and hydrogen. With business cycles increasingly being shorter and more uncertain, plant designs need to be scalable & flexible and optimized for competitive production and capture costs.
Solutions
We are assisting our clients in developing balanced and market hedged poly-product portfolios of clean chemicals & petrochemicals, based on robust and viable operating models (post-tax project ROIs in the range of 12-15%), with 1st or 2nd quartile production costs and commoditized carbon capture & utilization/storage costs at US$ 30-40/tonne. We are enabling our clients to explore the use of alternate feedstocks such as petcoke, coal, biomass in their journey of building a slate of clean chemicals, especially with respect to feedstock engines and energy carriers of the future such as methanol and hydrogen.
Our solution designs are based on sound techno-economics and insights from a demand-supply & market structure perspective, thus creating a cost-competitive and price & volume risk hedged product portfolio for our clients. This is further complemented through appropriate business & financing models, such as part offtake from key clients/ sectors, to optimize the project risk and reward profile. When combined with the price advantage of carbon credits in the developing carbon markets of the future or 45Q tax credits for CO2 sequestration or EOR, such a basket of products provides a distinct and sustainable competitive advantage in the international markets.
Case Studies
Indian Oil & Gas major:
Conceptualized India’s first carbon capture ready petcoke gasification project for converting the polluting and increasingly regulated petcoke to value-added economically attractive chemicals and petrochemicals. The project has a risk-hedged and clean product portfolio consisting of methanol, acetic acid, and MEG, with costs in the 1st or 2nd quartile of the production cost curve, thus enabling the client to utilize alternative feedstock such as petcoke and meet its strategic goals and objectives of expansion in petrochemicals and chemicals.
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Middle East Oil & Gas major:
Dastur Energy has architected the world’s first hyper-scale petcoke and coal gasification project for the cost-competitive production of clean and attractive value-added products such as methanol and ammonia, coupled with a pathway for sustainable operations and competitive advantage through carbon capture and associated credits.
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