Shell MILOS to boost refining of low-quality oil

Shell Global Solutions, the technology arm of oil giant Royal Dutch Shell Group, is committed towards developing technology to meet the region’s energy challenge. Vice-president (Asia-Pacific) Lee Tzu Yang said the market had no other option but to boost efficiency in order to cope with increasing production costs triggered by escalating oil prices. To further demonstrate the group’s commitment, it launched its latest catalyst technology, Middle Distillate and Lower Olefins Selective (MILOS), for refineries. MILOS facilitates the conversion of low-quality oil into high-end petroleum products. Its technology applies to industries such as refinery, chemicals, petrochemicals, liquefied natural gas and exploration production, metals, pulp and paper as well as support in areas such as emissions management. Shell Global Solutions BV Licensing Director for Asia-Pacific, Ken C. Lai, said increasing global demand for diesel and propylene offered oil companies profit opportunities in refining low quality oil. (June 9, 2008)