A
system is provided for upgrading an input
stream 101 of straight run vacuum residue or cracked feedstock, including a vacuum
tower 500, a hydrocracking unit 510, a
high lift solvent deasphalting unit 520, a low lift
solvent deasphalting unit 530, and a bitumen injection unit 540 or a
pitch pelletizing unit 640, and optionally a hydrotreating reactor 750. The
system and its components can deliver distillate and
naphtha products, light ends products, an
asphaltene lean heavy deasphalted oil
stream 125, an
asphaltene rich
pitch stream 126, a light deasphalted oil that is a
lubricant base oil feedstock, a heavy oil stream 137, a bitumen and
asphalt stream 145, or a
solid fuel. Further provided is a process including the steps of introducing straight run vacuum residue or cracked feedstock into the
system and operating the system, the steps of operating the system including
fractionation,
solvent stage deasphalting, and hydrocracking.