SGS INSPIRE attended the Latin American Refining Technology Conference (LARTC), held on September 3-5 2024, in Cartagena, Colombia. The , the Fábrica Carioca de Catalisadores S.A. () and organized this event.
Attendees included Uruguay's National Administration of Fuels, Alcohol and Portland of Uruguay (ANCAP), Argentina's YPF S.A., Chile's National Petroleum Company (ENAP), Petróleo Brasileiro S.A. (Petrobras), Pan American Energy, Axion Energy, Refipampa S.A., Petroil S.A., Raizen, Chevron Lummus Global (CLG), Acelen, Topsoe, Honeywell, Becht, Hexagon, Axens, Turner, Mason & Company, Aspen Technology, SGS Sulphur Experts, Sulzer, BASF, Meryt, Imubit, Baker Hughes, among others.
The agenda of the event covered the following key topics: technologies, co-processing alternative feeds, dedicated biorefining plants, emulsified fuels, market, projections, policies and regulations.
Here are a few highlights:
•National policies and targets are key drivers to achieving decarbonization for the aviation sector. The U.S., Canada, the EU, the UK, Norway, Japan, Singapore and Malaysia have SAF government policies/targets in place. For its part, Australia, New Zealand, Thailand, Indonesia, India, China, Brazil, Chile and Switzerland have SAF government policies/targets under consideration
•The shipping industry also has its own corporate targets. For example, DHL Group's target for aviation is a 100% share of SAF by 2030. LATAM Airlines' commitment is to reach 5% SAF use by 2030, favoring local producers in South America. By 2030, Airfrance aims to incorporate at least 10% SAF on all their flights, to achieve 63% in 2050
•SAF demand is expected to grow from <1% of the worldwide jet pool in 2022 to 35-40% by 2050. SAF demand is expected to grow further to nearly 3.5 million barrels per day between 2030 and 2050, according to Honeywell
•Latin America gasoline, diesel/gasoil, jet/kero and naphtha demand sees continued growth into the 2030s.
•The peak oil demand in Latin America will be reached after 2040, and later, there will be a slower decline in gasoline and diesel demand compared to the rest of the world
•The future role of the FCC units will evolve: significant growth is expected in the availability of pyrolysis oils due to the chemical recycling industry development. Additionally, waste tire pyrolysis gets increased attention.