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UOP Holds 2nd R&D Refining Panel Meeting with Customers

“Fuels of the Future” was the theme of UOP’s 2nd Research & Development Refining Panel on May 19 & 20 in Madrid, Spain. A select group of UOP customers met with a high-level focus on the refining industry going forward into the 21st century.

UOP customers from all over the world gathered at the Westin Palace Hotel in Madrid for an intense two-day R&D Refining Panel meeting to discuss the world’s Future Fuel Mix. Topics presented ranged from global fuel demand and feedstock availability to the impact of sustainable development on the future fuel mix. Included in each day’s activities were respected keynote speakers: Dr. Hartmut Heinrich from Volkswagen on “Future Fuels Needs: An Automotive Perspective,” Dr. Fatih Birol of the International Energy Agency spoke on “The Future Energy Mix,” and Bjorn Stigson, president of The World Business Council for Sustainable Development, presented “Sustainable Development: Challenges and Opportunities for Business.”

While day-to-day customer meetings typically involve solving immediate issues, the primary focus of the Refining Panel is the global perspective on the future of the industry. Utilizing a model of rotating participants from year to year, the groups are kept small, thereby enabling a dialog with customers concerning their most pressing problems, long-term objectives and insights into new ways of applying technology. “This two-way dialog helps us to work with customers to identify their unarticulated needs,” explained UOP CEO Carlos Guimaraes. “These discussions force us to question and revalidate assumptions about the direction of the refining world and if our R&D project portfolio is in alignment with that direction.”

The R&D Refining Panel was begun in 2004 upon a suggestion from a UOP customer. Fueled by UOP’s desire to find out what keeps our customers up at night, UOP organized the panel as an effective way to identify key issues as well as to get a global view of the industry and analyze sustained development goals.

This year’s invited guests included customers from India, Saudi Arabia, Japan, France, Spain and Russia. During a number of panel forums, each panelist gave a presentation on the future of fuels. Of those attendees who also participated in the first panel in 2004, feedback was unanimous that this conference was even more effective at targeting the core issues than the first meeting.

Looking forward, UOP plans to hold the R&D Refining Panel on a regular basis--annually or biennially--to keep abreast of the evolving refining industry environment. “As the leader in providing refining technology solutions, UOP has a responsibility to build and focus the collective knowledge within the industry,” said Chief Technology Officer Stan Gembicki. “By overlaying the needs of UOP with those of our customers, UOP should be able to better create a sustainable future for the industry.”