The refinery industry is one of the biggest industries worldwide. According to Statista, the global oil refinery capacity tipped 100 MMbpd in 2022. This capacity reflects nearly a twofold increase since 1970.
From large petrochemical plants to smaller-scale specialty chemical operations, digital transformation is a significant technology and operational improvement trend throughout the global chemical industry.
Whether a refinery process involves the creation of fuels from crude oil or the production of biogas, process analysis can help to address the many challenges involved in operations.
Oil and gas companies must focus on building robust industrial cybersecurity programs to prevent and respond to the next attack.
Plastic waste is a worldwide challenge. To reduce its carbon dioxide (CO2) footprint, the plastics industry is striving to increase circularity by using plastic pyrolysis oils (pyoils) from waste plastics as steam cracker feedstock.
Process operating facilities typically process large inventories of gas and volatile hydrocarbon liquids at high pressures, which have the potential of posing major hazards during emergency incidents—such as fire, loss of containment or operating excursion.
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Project: | Long Son Petrochemicals Complex |
Location: | Long Son, Vietnam |
Operator: | Siam Cement Group |
Cost: | $5.4 B |
Capacity: | 1.65 MMtpy |
Completion date: | completionDate |
Status: | Under Construction |
Project: | Huizhou Petrochemical Complex |
Location: | Huizhou, China |
Operator: | ExxonMobil |
Cost: | $10 B |
Capacity: | 1.6 MMtpy |
Completion date: | completionDate |
Status: | Under construction |
Project: | Visakh Refinery |
Location: | Visakhapatnam, India |
Operator: | Hindustan Petroleum Corp. Ltd. |
Cost: | $3.1 B |
Capacity: | 134,000 bpd |
Completion date: | completionDate |
Status: | Under Construction |
Project: | LyondellBasell PO/TBA Complex |
Location: | Channelview, Texas (U.S.) |
Operator: | LyondellBasell |
Cost: | $2.4 B |
Capacity: | 1.47 MMtpy |
Completion date: | completionDate |
Status: | Under Construction |
Discover how several global impacts—such as Russia’s war in Ukraine, supply chain crises and inflation—have and will impact spending and business activity in the global petrochemicals, refining and natural gas/LNG industries. HPI MARKET DATA 2023 is the processing industry’s most trusted forecast of capital, maintenance and operating expenditures.
This handbook-type industry reference source is produced by the staff of Hydrocarbon Processing. It contains flow diagrams and descriptions of more than 170 commercially viable gas processing processes from 25 licensors. Included are drying, treating, dehydrogenation, effluent cleanup, hydrogen, liquefied natural gas, syngas, sulfur, liquid treating, etc. Each process description includes a flow diagram as well as application, economics and licensor information. The processes are indexed by process and contributing company.
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