Welcome to Pristec AG
Pristec AG is a technology company for the global heavy oil industry, offering novelty technologies based on applied quanta mechanics. We're providing high sophisticated oil processing technologies that reduce investment, costs and environmental impact significantly. Our plug and play solution is focused to boost our clients profitability in short term. Thereby we optimize the infrastructure effectiveness along the whole crude oil value chain from upstream to midstream to downstream.
Investors update
After the lifting of the log order Pristec invited to a information event on the 7th of June in order to report to shareholders about the progress of the last few month.
A video of the information event is online now in the Members Area.
From the 11th to the 18th of June, Pristec AG is executing a capital round with existing shareholders. Please enter our Members Area for further information, terms and conditions. enter members area>>
Pristec Interactive
As part of our communication initiative, Pristec created a new members area for our shareholders.
Beneath providing corporate financial and project status information as well as communication to shareholders, an interactive area is installed to offer a plattform for informal decision building on issues of strategic relevance.
The management appreciates constructive feedback of the shareholder base for constant further improvement. go to feedback>>
Heavy Oil coming up
Countries with significant resources of heavy and extra-heavy oil face various challenges to exploit those hydro-carbons for national and international energy markets.
Oilfield operators try to maximize their exploitable oil and to simultaneouly minimize both their costs and environmental impact. The governments of such countries are interested to realize maximum revenues from their natural resources.
Processing of Heavy Oils usually requires vast investments to convert them to high quality light products. The global refining capacity that is able to process heavy crude oils was in massive expansion during the last decade, such major development that was recently dramatically interrupted by the financial crisis and low oil prices.
Flexible Multi-Feedstock Refinery
Pristec integrated petroengineering expertise in order to develop a new heavy oil refinery scheme around the PQPR infrastructure that lacks any other cracking systems. The feedstock for the refinery can be within a wide range of extra-light to heavy to extra-heavy crude oils as well as heavy fuel oil. Beneath the PQPR units only atmospheric crude distillation units (CDU), gas treatment, catalytic reformer and hydrotreaters as well as hydrogen and sulfur plants are necessary. Read More