In the field of shale oil products, one of the main priorities is researching the possibilities for developing prerefining technologies and ascertaining profitability. While so far VKG has been selling its oil products mainly as a component of marine fuel, via prerefining it is possible to make the end product of shale oil conformant with quality requirements. Besides, we have manufactured a test batch of coke with the quality suitable for electrode production for the metallurgical industry. If our products pass the tests, we are planning to move from producing low-quality energetical coke to high-quality electrode coke production.
Currently, VKG Energia is producing electrical energy, industrial steam and hot water for district heating from the char gas generated in the course of shale oil production. At the same time, In the shape of the char gas we are dealing with the product that contains ca 30% more energy than the natural gas, and its scope of application is much wider. The expansion of the scope of application of gas requires a large number of investments, but if we succeed, we will be able to reduce the amount of CO2 emissions significantly. An abrupt rise in CO2 quotas has provided us with a new perspective in terms of developments in this particular field.
There are several projects connected with digitalization. First of all, we are planning to conduct the diagnostics of different pieces of equipment (e.g. pumps) and automate the generation of orders for maintenance and repairs. In the results of developments we have planned to implement, it will be possible to conduct maintenance and repair works on an "as needed" basis, prevent breakdowns, reduce maintenance expenses and increase the service life of the equipment.
The list of developments is actually much longer and includes both the innovations pertaining to technology sales components, introducing fine chemistry at the USA market and several IT solutions. The strong financial status of VKG enables us to focus on research and development activities more than ever before and create strong grounds for increasing the value of the company in the future..