Axens and ExxonMobil Sign Alliance Agreement to Provide FLEXICOKING™ Technology and Integrated Resid Conversion Solutions 16.01.2020
ExxonMobil announced today that ExxonMobil Catalysts and Licensing LLC and Axens have signed a licensing alliance agreement to allow Axens to provide ExxonMobil’s FLEXICOKING™ technology and integrated resid conversion solutions.
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FLEXICOKING technology is a commercially proven, cost-effective, continuous fluidized bed process that thermally converts heavy feeds to lighter products and flexigas:
FLEXICOKING technology, when integrated with Axens H-Oil technology, offers flexibility when upgrading residuum. It provides smart solutions that enhance high-value liquid products as well as clean flexigas that can be used as fuel substitute or for power generation, making it an ideal option to meet IMO 2020 fuel standards. When configured for power generation, it offers 40% lower capital investment vs. a delayed coker combined with pet-coke gasification.