RASA Energy Inc.

Refine

Only RASA can address refineries’ short-term profitability challenges while supporting long-term strategic investments, enabling them to overcome existential threats and position themselves for the future.

only rasa

Dramatically reduces refinery energy use, significantly decreasing operational costs

Lowers emissions substantially, minimizing carbon compliance costs and regulatory risks

Produces higher-value hydrocarbon products from the same feedstock, enhancing overall revenue

Increases refinery profitability in the short term through improved efficiency, reduced expenses, and avoided exposure to carbon pricing costs

Stabilizes the sector by improving margins, providing financial flexibility for long-term strategic investments

the unsolvable Problem

The refining industry faces two major challenges: increasing GHG regulations in the short-term and declining demand for traditional fuel products in the long-term.

The impact of carbon pricing on refineries financial performance will intensify in the near term. Currently, 40 countries have carbon pricing, and the costs of overages are rising, for instance in the EU it will rise from €65 per ton of CO2 in 2024 up to €222 by 2030. Over the next decade this “carbon squeeze” is projected to reduce industry margins by 60%, putting 21% of global refining capacity at risk of closure.

In the long-term refineries are faced with a structural decline in demand for transport fuels – dropping from 54 mb/d today to 26m by 2050 on the current trajectory, and 4m barrels a day in the 2050 Net-Zero scenario (this relies on electric vehicles achieving a 98% share of car sales by 2050). Regardless of the scenario, any decline in transport fuels is significant, as they account for 50% of refinery output globally and 90% in the U.S.

However, the long-term outlook for refineries isn’t bleak. Demand for non-fuel products like lubricants, paraffin waxes, asphalt, and petrochemicals for industrial use are expected to experience strong and growing demand in the near and long-term. The growth in biofuels also present a lucrative future opportunity, oil refineries already produce one-third of the world’s supply of biojet fuel and two-thirds of its renewable diesel.

The challenge for refineries is to survive short-term existential margin threats while making the strategic investments needed to capitalize on long-term growth opportunities.

the only solution

RASA’s technology is the only solution that addresses refineries’ short-term profitability challenges while enabling long-term strategic investments. Our approach dramatically reduces energy use and emissions, lowering operational costs and carbon compliance expenses. This unique capability allows refineries to significantly increase profitability immediately, enabling them to survive existential threats in the short-term while making the strategic investments necessary to participate in long-term growth opportunities.