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Developed patented cold cracking plants for the upgrading of heavy oil at ambient temperature.

PR

Pristec AG

Vienna (AT) · Tallinn (EE)New on Amplifa

2006Founded
51–200 (self-reported)Employees
5,000 barrels/dayCapacity in industrial test operation

About Pristec AG

Founded in Vienna in 2006, Pristec AG was a technology company for the global heavy oil industry. At its core was the patented Pristec Cold Cracking process, which uses acoustic energy at ambient temperature and atmospheric pressure to reduce the density, sulfur content, viscosity and metal contents of heavy oil, fuel oil and marine fuels. The Cold Cracking Units consist of a Carbon Cracker pump with activator plus an adjoining Hydrogen Exciter and were manufactured by certified industrial production partners. Intended applications were the reduction of diluent requirements at the wellhead, the upgrading of fuel oil at the terminal and the treatment of marine fuels at sea. Industrial tests with units of 5,000 barrels per day capacity were carried out from 2012; in 2014 the company signed an agreement with China National Petroleum Corporation (CNPC) on the deployment of the technology in China. In 2020, insolvency proceedings were opened (assets insufficient to cover costs); the company was deleted from the Austrian commercial register on 17.04.2026.

Site
Vienna
Processes
Pristec Cold Cracking oil upgrading process (acoustic energy at ambient temperature and, Cold cracking oil upgrading technology (patented), Carbon Cracker (cracker, reformer, hydrotreater in one), Hydrogen Exciter, Upgrading of heavy oil/fuel oil at the terminal, Upgrading of marine fuels at sea, Reduction of diluent requirement at the wellhead
Materials
Heavy Crude / Heavy Oil, Fuel Oil, Marine Fuels, Heavy Crude, Pristec Cold Cracking Unit
Founded
2006
Employees
51-200 (LinkedIn)
Industries
Oil and Gas, Heavy Oil Upgrading, Refineries, Shipping (Marine Fuels), Heavy Oil Upgrading (Upstream, Midstream, Downstream)
  1. 01

    Patenting and development of the cold cracking process

  2. 02

    Manufacture of the Cold Cracking Units by certified production partners

  3. 03

    Installation along the oil value chain (wellhead, terminal, at sea)

  4. 04

    Operation and upgrading of heavy oil/fuel oil/marine fuels

Processed Materials and Processes

HCU

Heavy Crude

Feedstock for cold cracking upgrading to reduce density, sulfur and viscosity.

FO

Fuel Oil

Upgrading at the terminal to reduce diluent addition required to reach 380 or 180 CST.

MF

Marine Fuels

Treatment of marine fuels directly at sea.

PCCU

Pristec Cold Cracking Unit

Patented unit consisting of a Carbon Cracker (pump + activator) and a Hydrogen Exciter for cracking, reforming and hydrotreating in a single unit.

Sites

Vienna

AT

Headquarters

Tallinn

EE

Pristec Upgrader at the VESTA Terminal

Materials
Fuel Oil
  • Pristec Cold Cracking Unit (Carbon Cracker + Hydrogen Exciter)

Industries

Oil and GasHeavy Oil UpgradingRefineriesShipping (Marine Fuels)Heavy Oil Upgrading (Upstream, Midstream, Downstream)

Processes & technical limits

ProcessesToleranceMax. partWeightLot sizeMaterials
Pristec Cold Cracking oil upgrading process (acoustic energy at ambient temperature andOther––––Heavy Oil, Heavy Crude Oil, Fuel Oil, Marine Fuels

2 Anlagen & Maschinen

MachineManufacturer / modelQuantityWorking areaYear builtSite
Pristec Cold Cracking Unit (Carbon Cracker pump + activator and Hydrogen Exciter)Pristec (manufactured by certified industrial production partners)–––among others VESTA Terminal Tallinn, Estonia
Cold cracking unit with 5000 barrels per day processing capacityPristec–5000 barrels/day–industrial tests since 2012

Additional services

Cold cracking oil upgrading technology (patented)Carbon Cracker (cracker, reformer, hydrotreater in one)Hydrogen ExciterUpgrading of heavy oil/fuel oil at the terminalUpgrading of marine fuels at seaReduction of diluent requirement at the wellhead

Reference customers

China National Petroleum Corporation (CNPC) – agreement 2014

History

  1. 2006

    Founded in Vienna as Pristec Unternehmensentwicklung und Beteiligung AG (commercial register entry 23.02.2006, FN 275011d).

  2. 2009

    Renamed Pristec AG (28.05.2009).

  3. 2012

    Start of industrial tests with units of 5,000 barrels per day processing capacity.

  4. 2014

    Agreement with China National Petroleum Corporation (CNPC) on the deployment of cold cracking units in China (07.11.2014; volume of several billion US$, term of 20 years after a 90-day test run).

  5. 2016

    Patent: method for setting the operating point; share capital €150,000.

  6. 2019

    Patent: method and system for treating a mineral oil; share capital €185,000.

  7. 2020

    14.10.2020 opening of insolvency proceedings; 27.10.2020 determination that assets were insufficient to cover costs.

  8. 2024

    20.03.2024 publication of the insolvency administrator and distribution schedule in the commercial register.

  9. 2026

    17.04.2026 deletion of the company from the commercial register.

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