The timing for an ART project is right.
The high price of crude
Petroleum-based fuels play an integral role in providing transportation fuels and as feedstocks for the petrochemical industry. The days of the easily extractable light(low density), sweet(low sulfur) crudes are gone and competition for the light sweet crude is becoming more intense.
- Capital Cost
Refineries must turn to heavy(high density) and sour(high sulfur) crudes which are more difficult to extract from the earth. These crudes require more complex refinery technologies. Many refineries are not equipped with the processing technologies to produce value products from these less expensive “opportunity” crude oils.
Environmental restrictions, changing levels and classifications of waste contaminants and the lack of viable alternatives for the disposal of many global waste streams has increased the difficulty, and thus the cost of waste disposal. Solid waste is an “opportunity” feedstock for the ART system and is an important ingredient of a projects revenue stream.
Wouldn’t money be better spent on a proven renewable fuel utilization technology?
- Demand for petroleum based products
Naphtha is a feedstock for the petrochemical industry and a primary feedstock for olefin (propylene and ethylene) production. Naphtha is a major product from processing the expensive light, sweet crude oils. The product oil from the ART system can contain a significant portion of naphtha which will become in increasing demand as refineries move to adjust to the processing difficulties of the lower grade crudes.
Demand is increasing exponentially from emerging developmental countries like China and India
- Natural gas supplies are diminishing
- The global environmental community accepts the reality that dealing with waste by throwing it in a hole or burning it is not the most responsible method of disposal. The word disposal is in fact a misnomer. Throwing solid waste in a hole and burning it doesn’t “get rid of it”. In a hole it’s out of site and mostly out of mind. Landfills are closing. Others are restricting wastes and regulations are imposing more stringenct landfill management requirements. Many communities have adopted a NIMBY (Not in my Back Yard) posture. Restrictions are being imposed upon solid waste incineration.
- The ART system fits right in with world development and implementation of alternative sources to fossil fuel like hydrogen and the renewables like wind and solar.
- Opening up pristine areas of the world to fossil fuel exploration is at odds with the environmental consequences of extracting these fuels.
- The turmoil in the middle east challenges our dependence on foreign oil.
- Alternatives to oil drilling are being explored to supplement the demand for crude. Extracting oil from tar sands and oil shale are expensive.
The ART Pyrolysis system is a viable proven alternative to traditional methods of disposing of waste due to:
• Desire to recover valuable product and/or energy from wastes
• Operational difficulties and negative image of incineration
• Search for "greener, high technology solutions" to waste management
• Constraints on landfills
• Helps meet recycling targets
• Reduces greenhouse gas and helps meet Kyoto Protocol targets