Sinopec Yizheng Chemical Fiber Co. plans to change itself into a petroleum-engineering company from a polyester maker through 30.6 billion yuan ($5 billion) of share-for-asset swaps.
Fundamentals suggest that the industry business climate for most downstream engineering and construction companies (E&C) will remain strong for the foreseeable future.
A number of strategies can be applied to increase the overall product selectivity to middle distillates.
Although many olefin plants are making big investments in hardware and metallurgy to improve compressor performance and to extend run lengths, the reliability, efficiency and throughput capacity of the CGC are still key influences on plant profitability.
Fluor will provide engineering, procurement and construction management services for the jetty, loading facilities, boil-off gas compressors, connection to the LNG terminal and other facilities.
Jacobs was awarded a contract with BP to provide engineering, design and procurement services for the coker heater project at BP's Cherry Point refinery in Blaine, Washington.
A searchable database of project activity in the global hydrocarbon processing industry
Engineers and designers are highly skilled individuals. Forcing them to enter design changes using tables, forms and spreadsheets is unproductive and uneconomical, and it increases the likelihood of human error—this is the way that most instrumentation software systems currently work. For too long, software vendors have denied engineers and designers the simple practicality of a graphical visual engineering interface with “drag and drop” capability and inbuilt intelligence, ensuring changes are automatically replicated into all the associated data and databases.
D. GIBSON, AVEVA
Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)