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HPI Market Data 2012 Executive Summary

12.01.2011  | 

Keywords: [refining] [petrochemicals] [gas processing] [LNG] [natural gas] [economics] [maintenance] [equipment] [ catalysts]


The economic recovery continues for the global hydrocarbon processing industry (HPI). Energy drives economic growth. Unfortunately for developed nations, stronger economic recovery remains a slow, arduous process with a prolonged comeback. The present downturn is very similar to the Great Depression of the 1930s. Individuals who can remember those years understand that economic problems do not correct themselves in a year or two. It will take time, lots of time, and every nation will have a very different pathway to recovery.

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