Kara Technologies is Revolutionizing the Petroleum Refining Industry

  • 20-30 million barrels of vacuum residue per day.
  • Extremely viscous (20 times more viscous than toothpaste).
  • High concentration of heavy metals. 
  • Does not contain a significant quantity of light or middle distillates.
  • Generally requires steam reforming, hydrotreating, and thermal cracking. 
  • The process generates significant emissions. 
  • Reduced CO₂ emissions per barrel of product.
  • Significant increase in profitability.
  • Ability to process a wider range of petroleum feedstock.
  • Opportunity to process renewable and advanced renewable feedstock.

Notes:
¹Analysis based on Kara Process application in a Coking refinery with capacity of 100,000 Bblpd and a Vacuum Tower capacity of 45,000 Bblpd; ²Assumes gasoline, diesel, and jet fuel end-market pricing based on historical differentials to WTI; ³Assumes Capital costs of US$10,000/Bblpd of Vacuum Residue (~US$450mm for a coking refinery with Vacuum Residue capacity of 4 5, 000 Bblpd), the incremental operating cost associated with the Kara Process of $2.50/Bbl, and Kara licensing fee of $0.50/Bbl; ⁴Assumes WTI pricing of US$70/Bbl and gasoline, diesel, and jet fuel end market pricing based on historical differentials to WTI ; ⁵Independent study based on empirical evidence and a 90 day continuous test conducted by Kara indicates a 15% increase in the liquid product yield and a ~80% reduction in the coke production; ⁶Assumes Kara licensing fees of US$0.50/Bbl