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Bottom line they said was sulphur has nothing to do with lubricity.
It does and it doesnt. The thing is this - many large polyaromatics have a sulfur bound to them, compounds like dibenzothiophene. Those large double rings with pi-bonds and substituted methyl groups, etc. provide lubricity by virtue of (essentially) their aromatic ring makeup.
In doing conventional refinery processes, hydrodesulfurization was performed. It was done at mild conditions, because Henry's law, coupled with low selectivity catalysts caused a need for high pressure hydrogen ($$$) that had to be balanced with not putting too much in.
HDS produces H2S and some hydrocarbon fragments from a big molecule and H2. The problem is that especially with aromatic mlecules, hydrogen will go in and remove double bonds in the ring structure, effectively destroying the while thing. The refineries dont like that because they want the hydrocarbons to stay what they are - they dont want to waste hydrogen 'hydrogenating' the regular HCs.
Fast forward to ULSD... Same problems exist, same inefficiencies of HDS processes, only now we need to get more or less every sulfur compound out. That includes the 2,3,7 trimethylbenzothiophene and 4,6 dimethyldibenzothiophene, highly refractory, sterically hindered compounds that would remain as-is in finished product of old, but now need to be processed.
So, what do we do to obtain this? Higher hydrogen pressure (remember Henry's law and forcing a gas into a liquid), which then hydrogenates more polyaromatics, even the non sulfur-bound ones, in the name of getting the organically bound sulfur. THese severe processing conditons cost more hydrogen due to its cleaving of double bonds (every mole of double bonds cleaved, you use a mole of H2), removal of many large polyaromatics, and thus overall higher cost due to the extra used hydrogen (not cheap), and less lubricity due to the byproduct of severe HDS, which is very few aromatics.
The good news is that cetane is essentially th einverse of octane, so a higher volatility fuel yields a higher cetane... well, get rid of those pi bonded heavies for the most extent, and youve got more smaller, more volatle rings and chains in there, and thus you get a cetane boost.
I wouldnt doubt that our ULSD is 45-47...
JMH