Lake Charles patent could shake up oil industry

CITGO refinery, Lake Charles (Courtesy CITGO)

Polaris EPC in Lake Charles has been awarded a patent that might significantly reduce the local dependence on oil imports, reports KPLC News.

The technology could resolve a long-standing problem, whereby domestic refineries can only process imported impure oil. “We’ve developed a process where we can refine ideal crude efficiently and at the same time apply new technology to reducing the carbon footprint of the refining process,” says Mike Nodier, CEO and co-founder of Polaris.

By doing so, they believe that they can reduce a refinery’s carbon footprint by more than 95 percent. Read the entire story.