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The catalyst can reduce the cost of gasoline and diesel oil and make it meet the national environmental protection requirements. On August 5th, the company took the lead in launching the latest catalyst product CENTERA in China in the Asia-Pacific region. This product can produce ultra-low-sulfur diesel, reducing the sulfur content of diesel oil to 10PPM, and increase the refinery production, thus saving at least 30 million US dollars per year for the 10 million-ton refinery.
At present, Beijing's implementation of Beijing-standard diesel oil standard product standard for sulfur production is 50PPM. Beijing is preparing to implement a standard similar to Euro 5, ie sulfur content of 10PPM, in 2012. The country plans to catch up with Europe's fuel quality in 2016. The increase in oil standards means that domestic refineries need to upgrade refineries, which requires huge capital investment. Catalysts have a promising future in the refinery market.
Shell wants to build a catalyst production base in China
Brian Smith, Vice President of the Refining Catalysts Division of Shell Global Solutions (USA) Ltd., said in Beijing that the Chinese government has indicated that it plans to catch up with European fuel quality by 2016, and that as the demand for high-performance catalysts continues to increase in the future, the company is interested. Establish a catalyst production base in China.