Looks like an ordinary crude oil cracker. Stands up right and the various oil products are 'distilled' at various levels of the cracker, hence the ports.
Defo a pressure vessel of some kind, whether crude oil or other distillation.
To expand a bit on dorothy's reply, if you wanna separate say oil and water you can boil it. The water will boil first (and rise up)and you capture and cool the steam off the top, and drain resulting pure oil off the bottom.
You can separate 3 or more things the same way, so long as you have vertical separation (a column) which allow different layers to form. If you balance heat, inputs and outputs, you can continually pour in your mix and continually extract your different substances.
These columns as in the vid are filled with trays with different stuff on them, some looks like marbles, or grit, or small cubes, etc. Hot gases can rise and cooler liquids can spill over and down to the next level. Each product automagically finds it's own level and so long as you have a stable reaction you can pull out fairly pure stuff from different levels.
Pretty hilarious that these guys are calling this a UFO.