Oil Refinery Market Trends 2015 - 2023

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Oil Refinery Market - Global Industry

Analysis, Size, Share, Trends, Analysis,

Growth and Forecast 2015 - 2023

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REPORT DESCRIPTION

Refining oil implies the conversion of raw crude products into finished goods that are usable by multiple

industries. Within a refinery, several types of finished goods and intermediates may be produced from

crude oil.

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Various Phases in an Oil Refinery

The primary process inside an oil refinery is desalination. This is where all the salts and granular impurities

in crude oil are removed. These can be detrimental to other processing units in an oil refinery, or even to

the pipelines transporting the crude oil to them. Following the desalination chambers are multiple preheat

trains that heat the oil up to a specific temperature. The hot oil is then transported to the crude distillation

unit.

The CDU has a distillation column that processes the crude oil and uses the differences in boiling points to

segregate the various products present in crude oil. Products with lower boiling points flow to the top of

the distillation tower while the cooler products settle down to the bottom. Thus we obtain the key products

through the refinement of oil: fuel oils, diesel oils, kerosene, gasoline, naphtha, and liquefied petroleum

gas. Left at the bottom of the tower are waste residues.

After each product is segregated, it is refined even further to remove molecular impurities such as...