Revolutionary ecosystem for oil processing industry

Smart Refinery Technologies Group integrates mini oil refineries into a blockchain-based global information network,

so that participants could get profit from the refineries throughout the world

Number of tokens for sale
Current price of the token: SRT=$0,5

SRT Group announce start of private sale round for early investors

We are pleased to announce that the world's first block-processing platform for the refining ind...

15-06-2018

SRT Group takes part in Blockchain conference to be held in Federal Council of the Federal Assembly of the Russian Federation

On June 7, 2018 there will be a Blockchain Conference in Federal Council in Moscow. Representatives...

05-06-2018

Business dinner with blockchain project investors in Shanhai (China)

CEO&Founder SRT Group Alexey Ognev participated in a business dinner with the blockchain investors i...

11-05-2018

Vasil Gazizulin CEO TopFranchise now Advisor of SRT Group

CEO & Founder TopFranchise.com Vasil Gazizulin joins the project as an Advisor to launch the world`s...

04-05-2018

Strategic partnership with TopFranchise Group

One of SRT Group`s strategies is to create the first franchise in the World of oil refineries powere...

22-04-2018

SRT Group ended its participation in NefteGas-2018 exhibit

SRT Group reports on successful participation in one of Russia's largest exhibitions in the sphe...

18-04-2018

SRT Group opened their stand in the NefteGas-2018 exhibit

Dear friends! Today is the opening date of one of Russia`s largest oil and gas exhibitions NefteGas-...

15-04-2018

SRT Group and ICOBOX signed the cooperation contract

SRT Group is the winner among experts and owners of crypto-active assets, and is the largest platfor...

07-03-2018

SRT Group Project wins in ICOBOX competition!

The voting has taken place on the ICOBOX (ICOS) platform. SRT Group has won the competition with a s...

17-02-2018

Blockchain & FinTech Conference St. Petersburg

CEO & Founder of SRT Group, Alexey Ognev has presented the SRT Blockchain Platform of the oil refine...

13-02-2018

The voting has begun in the SRT Group project on ICOBOX (ICOS) platform

The voting began on ICOBOX platform and among 10 projects SRT presented their blockchain project. Th...

10-02-2018

SRT Group participated in the blockchain- project competition on the ICOBOX (ICOS) platform

SRT Group presented a SRT blockchain – platform project in the ICOBOX competition. Based on th...

08-02-2018

Gazpromneft has tested blockchain and IOT in the Pechora sea

Experts «oil Gazprom» and «Gazpromneft-supply» have tested the blockchain technology and the Intern...

07-02-2018

UKM-35 Phoenix (installation of Catalytic Metaforming).

Because of persistent work during 2 years, our company developed and started the process of Catalyti...

15-01-2018

Creation of the smart contract of the project has been completed.

SRT Group has completed the development of a smart contract that will work in the Ethereum network....

01-12-2017
All news
Whitepaper Presentation Onepager
Price for SRT-coins when placing
Alexey Ognev
Founder CEO
Smart Refinery Technology Group (SRT) is the first company in the world to implement blockchain-based royalty management business processes in an actual sector of economy

Quality fuel for vehicles, construction and agricultural machinery is, what is needed worldwide in huge quantities. Everywhere. Every day.

Investments in innovative motor fuel production are an efficient way to increase capital.

The blockchain technologies, in the industrial sector, generate outstanding opportunities for the business to grow. SRT-Coin provides a way to join a fast-growing project in the reliable oil-refining sector and to multiply own assets.

Oil refining is a highly profitable key business for the world economy. Our technologies allow us to produce automotive fuel that meets the current environmental standards.
After many years of hard work in the field of scientific research, engineering and commercial tests of our equipment, we have found effective solutions for the most pressing technological problems of small oil refineries.
We have spent thousands of hours and analyzed the business processes of dozens of small oil refineries worldwide. This effort has resulted in our revolutionarily new integrated approach to generating local oil refineries and networking many independent oil refineries into an economic system.
Our goal is to build a global decentralized mini oil refinery network based on our unique production modules and a blockchain platform that will provide benefits for the community.
Learn more
Dmitry Chikishev
Strategy advisor
Out of many crypto assets, how to choose the ones that are worth buying? In the venture business, professionals believe that the crypto assets based on advanced technologies and a strong business model are the only ones that have chances for success and long-term development.

The economic model of the project is based on the fact that a large number of independent oil refineries would produce and sell an actual much-in-demand product.

And the money earned in this way will be used to purchase SRT-coins for payments within the framework of the blockchain managed license fees settlement system.

SRT-Coin provides the full transparency of token issuance, functioning algorithm and monetization mechanisms.
This is the first-ever decentralized global network of independent oil refineries combined into a single economic model based on the blockchain platform.
The market value of SRT-coin depends on the success of many production facilities around the world and does not depend on the financial results of the company-project owner.
The token prise on the market depends on the supply and demand balance. SRT Group will permanent decrease number of SRT-Coins in circulation while increasing demand for them with development of global network of mini oil refineries.
Learn more

What is special about the equipment provided by Smart Refinery Technology Group to oil refineries?

As a result of primary oil processing, the refineries currently produce fuel oil, a low-quality diesel and straight-run gasoline of high sulfur content and low octane grade. They have low oil refining efficiency and low quality of resulting finished products, and therefore low levels of profitability.

The SRT modules open up new opportunities for creating highly efficient, profitable refineries from scratch and upgrading the existing ones, and make it possible:

  • to produce EURO-5 class fuel;
  • to recover up to 80% of light oil from fuel oil increasing to 85% -90% the total feed-stock processing efficiency at mini refineries;
  • to produce high-octane gasoline (A-92, A-95)
  • to produce winter and arctic grade diesel fuel
Learn more about SRT technologies

How it works

Rapid launching of production facilities
and increase in output of petroleum products

The SRT technologies are also designed for launching new full-cycle production facilities from scratch and for upgrading the existing small-tonnage oil refineries.

An important factor will be the commercial conditions of the equipment supply: not sales, but a long-term lease with royalties being paid for the actual volumes of feed-stock processing. Businessmen do not need to risk investing, at the start, large amounts in purchasing equipment, they will be able to start an oil refining business with a very small starting capital, which would increase the number of our partners in the oil refinery network.

The high launching rate of the production facilities will allow rapidly increasing the number of oil refineries within a single network and ramping up the volumes of feed-stock processing: the company plans to achieve the processing volumes of 1,000,000 tons per year within the network in three years after the successful token issuance at ICO and to increase to 4,000,000 tons per year within seven years of that.

01

The SRT technologies are also designed for launching new full-cycle production facilities from scratch and for upgrading the existing small-tonnage oil refineries.

An important factor will be the commercial conditions of the equipment supply: not sales, but a long-term lease with royalties being paid for the actual volumes of feed-stock processing. Businessmen do not need to risk investing, at the start, large amounts in purchasing equipment, they will be able to start an oil refining business with a very small starting capital, which would increase the number of our partners in the oil refinery network.

The high launching rate of the production facilities will allow rapidly increasing the number of oil refineries within a single network and ramping up the volumes of feed-stock processing: the company plans to achieve the processing volumes of 1,000,000 tons per year within the network in three years after the successful token issuance at ICO and to increase to 4,000,000 tons per year within seven years of that.

Increase in token value resulting from growing demand for it
and from continuous reduction in its numbers

The oil refineries within the network will have to pay royalties to the SRT Group Company for each ton of processed oil. Source of cash funds for the project development.
All calculations will be carried-out and recorded, in the blockchain platform, automatically, providing transparent and reliable information about each network module.
Royalties can be paid either with fiat money or SRT-Coins, while the tokens will give the right to a 20% discount on the amount of payment. A discount is a direct economic incentive to effect payments
specifically in SRT-coins.
The company will continuously reduce their numbers in circulation: 80% of the tokens coming in as royalties will be withdrawn from circulation by destruction. Thus, the number of tokens will be progressively smaller with every passing day.
The SRT-coin price will be regulated by the market, based on the supply-and-demand and set based on the results of stock exchange transactions related to token purchase and sale. This will ensure that the token owners have a fair price at any time.
This will generate the steady and long-lasting demand for them. At that, the tokens will be accepted at the current market price so that an increase in their price will not make the conditions for the royalty payers worse.
The oil refineries within the network will have to pay royalties to the SRT Group Company for each ton of processed oil. Source of cash funds for the project development.
All calculations will be carried-out and recorded, in the blockchain platform, automatically, providing transparent and reliable information about each network module.
Royalties can be paid either with fiat money or SRT-Coins, while the tokens will give the right to a 20% discount on the amount of payment. A discount is a direct economic incentive to effect payments
specifically in SRT-coins.
The company will continuously reduce their numbers in circulation: 80% of the tokens coming in as royalties will be withdrawn from circulation by destruction. Thus, the number of tokens will be progressively smaller with every passing day.
The SRT-coin price will be regulated by the market, based on the supply-and-demand and set based on the results of stock exchange transactions related to token purchase and sale. This will ensure that the token owners have a fair price at any time.
This will generate the steady and long-lasting demand for them. At that, the tokens will be accepted at the current market price so that an increase in their price will not make the conditions for the royalty payers worse.

Number of oil refineries and refining volumes will increase,
and demand for SRT tokens to pay licence fees will also grow

Number of oil refineries and refining volumes will increase,
and demand for SRT tokens to pay licence fees will also grow

The number of STR-tokens in the turnover will decrease over time
as far as they are removed from the special account of the company

By getting the SRT-coin tokens, you become the participant of the global project of implementation of blockchain technologies in the oil processing industry

Get tokens

Project Roadmap

2012
Start-up, the building of the research and engineering team of the project to develop technological solutions for secondary refinery processes for small oil refineries, which became the basis of the Smart Refinery project.
2013
Development of catalysts for the processes of gasoline isomerization and diesel fuel paraffin removal. Successful laboratory tests.
2014
Creation of mobile unit-containers. The concept of rapid launching of production in any place on a turn-key basis based on SRT modules.
2015
Beginning of production tests at real oil refineries. Development of a catalytic fuel oil cracking unit for increasing the depth of oil processing at small refineries.
2016
Continuation of research, improvement of catalysts. Receiving requests for the installation of production modules from oil refiners situated in Russia, the United States, Kazakhstan, Iraq, etc.
2017
Development of a blockchain platform for the automated management of license payments for each Smart Refinery production module that will operate worldwide.
2018
SRT-Coin ICO. Start of operation of the blockchain platform. Supply of equipment for modernization of partner oil refineries in Russia, Kazakhstan.
2018
Launching of refineries in Russia (1-2).
2018
Submission of patent applications, conclusion of contracts with partners, commencement of buying out of tokens.
2019
Launching of oil refineries in the USA (2) and oil refineries in the Kazakhstan, Iraq, Bangladesh.
2020
Creation of a global network of oil refineries (Russia, Kazakhstan, Uzbekistan, Turkmenistan, USA, Canada, Mexico, China, India, Indonesia, Iraq, Syria, Egypt, Libya, Algeria, Nigeria, Angola).
2012
Start-up, the building of the research and engineering team of the project to develop technological solutions for secondary refinery processes for small oil refineries, which became the basis of the Smart Refinery project.
2013
Development of catalysts for the processes of gasoline isomerization and diesel fuel paraffin removal. Successful laboratory tests.
2014
Creation of mobile unit-containers. The concept of rapid launching of production in any place on a turn-key basis based on SRT modules.
2015
Beginning of production tests at real oil refineries. Development of a catalytic fuel oil cracking unit for increasing the depth of oil processing at small refineries.
2016
Continuation of research, improvement of catalysts. Receiving requests for the installation of production modules from oil refiners situated in Russia, the United States, Kazakhstan, Iraq, etc.
2017
Development of a blockchain platform for the automated management of license payments for each Smart Refinery production module that will operate worldwide.
2q/2018
SRT-Coin ICO. Start of operation of the blockchain platform. Supply of equipment for modernization of partner oil refineries in Russia, Kazakhstan.
3q/2018
Launching of refineries in Russia (1-2).
4q/2018
Submission of patent applications, conclusion of contracts with partners, commencement of buying out of tokens.
2019
Launching of oil refineries in the USA (2) and oil refineries in the Kazakhstan, Iraq, Bangladesh.
2020
Creation of a global network of oil refineries (Russia, Kazakhstan, Uzbekistan, Turkmenistan, USA, Canada, Mexico, China, India, Indonesia, Iraq, Syria, Egypt, Libya, Algeria, Nigeria, Angola).

Marketing strategy

The Smart Refinery Technology Group’s formula for success in the market is to offer the best equipment at best conditions in the large growing market

World transportation energy consumption
quadrillion Btu
U.S. Energy Information Administration (EIA) International Energy Outlook 2017

Large and growing market

There is a need for gasoline and diesel fuel everywhere. Oil extraction and motor fuel production are constantly growing on a global scale, and they are not declining even during the economic crisis. The world demand for fuel is met by hundreds of large refineries and thousands of mini refineries. There are many places where an effective solution may only be local low-tonnage refineries.

Alexander Ponomaryov
Development Director
Thanks to the blockchain platform, SRT Group considers the mini-refinery segment on a global scale as the company’s market, which opens amazing opportunities for business development

SRT Group’s specific plans to create company-owned and partner-owned production facilities

As early as at the stage of development and first introduction of its technologies for production, the Project Team did a great job of analyzing the market and establishing working contacts with many mini refineries worldwide. This allowed identifying the priority regions for business development and finding the potential partners to implement our plans. To date, more than 10 motor fuel manufacturers in Russia successfully implemented and are using our equipment. For all the time of work, there was not a single case of customers rejecting the equipment due to its failure to meet their requirements.

Russia – construction of at least 4 company-owned production facilities with the total capacity of at least 250,000 tons per year in the regions, where fuel cost is high and logistics is difficult. Partnership with at least 10 existing mini refineries based on SRT modules.

USA and Canada – processing of shale oil. Construction of at least 4 company-owned mini refineries with the total processing capacity of 400,000 tons per year. Construction of at least 20 partner production facilities with small- and medium-size companies that produce conventional and shale (unconventional) oil.

Middle East – construction and upgrade of the existing mini refineries in Iraq, Syria, and Lebanon.

Africa – construction of mini refineries in Libya, Algeria, Egypt, Angola, and Nigeria.

Southeast Asia – construction of mini refineries in China, India, Pakistan, Indonesia, and Bangladesh.

To date, the list includes more than 25 potential partners who have confirmed their interest in cooperation including:

18
Russia
2
Kazakhstan
3
Iraq
2
India
2
China
1
Bangladesh

Basic parameters

A contract address:
Abi:
Symbol:
SRT
Distribution of tokens:
Total number of tokens planned for release - no more than 100 000 000 SRT-Coin
62%
Tokens for sale
26%
Team and
Advisory Board
6%
Referral
program
3%
Bounty
3%
ICO organizers and
advisors
Distribution of total tokens emission
6.43%
Block-chain platform
20%
equipment for oil refineries in Russia and Kazakhstan
1.86%
international IP protection
and lawyers
28.57%
equipment for oil refineries in USA and MENA region
3.43%
Adaptation of equipment
for the local markets
4%
Production and
F&D center
14.29%
Global program
of the equipment rent
8.57%
Administrative
expenses and marketing
12.86%
Reserves
Use of attracted funds
 

Number of tokens for sale:

62 000 000 SRT-Coin For several rounds of placement. Token type: utility token

Selling price:

$0,5 - $5 The minimum price of tokens when placing will increase with each round

Unsold tokens:

All unsold tokens in the current round will be offered for purchase at the next round at a new, higher price. All non-traded tokens will be destroyed

Tokens for distribution to participants:

Produced in proportion to the number of actually sold on each round of tokens

Our team

Alexey Ognev
CEO, co-founder
Alexey has been the head of the Smart Refinery Technology project for the development of oil refinery equipment since 2012. He is the founder and CEO of the “Soyuz” design bureau. Under his command the team has achieved big success in the development of the project, having designed and having brought to the market the innovative technologies and equipment for mini oil refineries.Alexey is actively involved in the development of the technical processes and carrying out research and development works. During more than 5 years of working in the international business in China Alexey was supplying the export market with oil refinery and industrial equipment. Alexey is a graduate in Law. He has graduated from the Siberian Law and Management Institute.
Alexander Gayle
Academic director

Doctor of Science in Chemistry, professor. A professor at the petrochemical and coal-chemical production department of the Saint-Petersburg State Institute of Technology (Technical University) since 1977, Alexander is the author of more than 400 scientific papers, including 30 monographs and study guides, 70 invention certificates and patents; he is also a holder of several national awards. As a thesis tutor, he has supported 26 PhD students and 2 Doctors of Science. Alexander is one of the most distinguished scholars in the field of petrochemical processes. He is the author of more than 400 scientific papers. Thanks to his involvement in the project, the SRT Group technologies are vastly superior than those of the competitors.

Alexander Ponomaryov
Co-founder, Business Development Director
He is a highly experienced in project management and business development in manufacturing and IT. Since 2015 he is commercial director of KB Soyuz (member of SRT Group)
Vitaly Kuzik
Technical director

Vitaly has over 20 years of relevant experience in oil processing industry. He has worked as a construction manager of 5 mini oil refineries in Russia, Armenia, Belarus and Iraq. He was responsible for managing the plant operation and, also, for recruiting and training the operational personnel of the plants.

Ivan Ognev
Production Operations Manager
Ivan has 5 years of experience in the equipment manufacturing process management in the “Soyuz” design bureau. He is also experienced in the assembly and installation of the production equipment. He has worked as an equipment maintenance foreman on the territory of the facilities of Angarsk Fuel and Petrochemical Refinery Plant of RJSC “ROSNEFT”. Ivan is an Angarsk State Technical University graduate. He is a professional engineer.
Mikhail Ratasep
Design engineer in chief

Mikhail has over 10 years of relevant experience in the development of oil refinery equipment. Mikhail has been taking part in this project since its foundation. Before that, he had worked as an engineer in the “Rosneft-Project” company. Mikhail is the author of two patents for oil refinery equipment for mini oil refineries. Michael is a Saint-Petersburg State Institute of Technology graduate. He is a professional engineer, a Doctor of Science in Technology.

Klimenty Kutsev
Field production engineer
Klimenty has over 12 years of relevant experience in the petroleum refining industry in the “Gazprom neftekhim Salavat” institutions. During his professional career, he has gone all the way from being a refinery processing unit operator to becoming a petrochemical production department manager. Klimenty is well experienced in the management of the projects on the remodeling of the refinery processing units in the existing industry and on the implementation of new manufacturing processes. He has graduated from the Ufa State Petroleum Technological University specializing in chemistry and fuel engineering. He is a professional engineer, a Doctor of Science in Technology.
Dmitry Chikishev
Strategy advisor
Dmitry has 11 years of experience in the investment business and in works directly related to the development of start-up projects. Since 2014, he has blockchain-project investment experience. In 2006–2013, he worked as a director and chief VTB Capital venture funds investment manager. He was successfully managing the venture project investment portfolio and he was also the head of the board of directors of several start-ups. In 2013–2017 he was the managing director of the RISE Capital AB investment group with the portfolio of projects worth of more than 5$ billion. Dmitry has graduated from the physics and engineering faculty of the Tomsk State University, he is a Master of Science in Technics and Technology.
Nickolay Vyazovick
Head of blockchain platform development
For more than 15 years he has been successfully managing IT projects related to software development and implementation of IT-platforms in business processes of manufacturing companies. He has experience in blockchain-development since 2014. He is the chief ideologue and architect of the Smart Refinery Technologies blockchain platform.
Chen Zhangping
Business Development Director in China

Chen Zhangping has 15 years of experience in designing and manufacturing equipment for oil refining, as well as 9 years of experience as a software engineer in software development. Under his leadership, the team successfully completed R & D to create various types of equipment for oil refining (small scale refineries) and fuel additives. Accompanied the construction of a large number of mini-refineries for Chinese and foreign customers. He is an author of several patents for technologies related to refining

Vasil Gazizulin
Franchising Advisor

A successful entrepreneur who founded one of the largest international companies in the field of
creating and promoting business franchises TopFranchise.com. Vasil will be the curator of the direction
of franchising in the SRT Group, helping to advance on the global market in accordance with the general
strategy of the company.

Contact the team

FAQ

What is SRT-coin?
SRT-coin is a token based on the Ethereum platform of the ERC20 standard. The issue and circulation of the tokens is governed by the smart contract.
How can SRT-coins be used?
The tokens can be used to receive discounts when settling payments between the oil refineries and the equipment supplier (the closest analogues are discount coupons like Groupon, etc.). Tokens can also be used as a security deposit, as well as to confirm the status of a participant in one or another role of an active project participants’ Club. More detailed information can be found in the respective sections of the White Paper.
How can SRT-coins be purchased?
In order to buy SRT-coins you need to have your own Etherium-wallet, with the support of the ERC20 standard tokens. For example, MyEtherWallet.com or Parity.io wallets are often used for buying tokens. Transfer the tokens to the official website of the smart contract. You will receive the SRT-coin in the Etherium-wallet, which you indicated upon purchase. Warning! When buying SRT-coins for payment, only use the address indicated on the official website. The addresses indicated elsewhere, including in the e-mail newsletters, messengers (Telegram, etc.) may belong to scammers!
Who can buy SRT-coins?
SRT-coins can be bought, stored or transferred, by the people, who have no legal restrictions on getting acquainted with the contents of the website, the White paper, Terms and conditions of token sale, Terms of use, and Privacy Policy sections of the website. In case if the purchase or possession of SRT-coins is illegal for the citizens or companies of a particular jurisdiction or if it may provoke the breach of legislation of some jurisdiction, then the person or the company is obligated to refuse from buying SRT-coins. The responsibility for the actions of the person buying SRT-coins rests with this person. The person buying SRT-coins is obligated to make sure the SRT-coin purchase and other transactions are legal. They should also receive respective well-documented qualified investment, accounting and legal counselling. Before purchasing SRT-coins, it is required that you read and agree to the risk disclaimer, White Paper, Terms of token sale, Terms of Servise and Privacy Policy.
What is SRT blockchain platform?
The SRT blockchain platform is the first decentralized industrial grade blockchain platform in the world, specifically designed for the petroleum refining industry. The architecture of this blockchain platform is based on the Proof-of-authority consensus mechanism and the Industrial Internet of Things protocol integration. This will allow to create a sustainable ecosystem of equipment developers, motor fuel manufacturers and service providers. Data collection processes from the equipment sensors and the settlements between the parties will be fully automated within the platform. This will allow the small-to-medium business enterprises, working in this industry, to gain significant benefits.
When will the first oil refineries based on SRT equipment be launched?
Currently the project team is almost ready to launch its own manufacturing facilities and those of its partners. Within a year, after the first ICO round is finished, the oil refineries with refining capacity of 50000 tons per year will be launched.
What are the risks of purchasing SRT-coins?
You can read the risk description in the respective section of the White Paper.

Still have questions? Contact Us