The analysis results indicate that, while investment capital for new plants favors LLDPE, plant profitability—which is a function of product slate (revenue) and cost—is, in many cases, higher for LDPE plants.
With the prospect of abundant low-cost ethane, several producers have announced intentions to build new ethylene capacity.
The downstream industry is investing billions of dollars in the development and construction of grassroots facilities, along with expansions and upgrades to existing plants.
Lean construction can raise competitiveness for an EPC business, thereby increasing its profitability and improving its delivery success rate and brand image.
High-performing enterprises draw on external expertise during all project phases, from scouting and front-end engineering and development through to operations.
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
Compared to the rest of the world, how long will the US hold its "ethane advantage" of cheap petrochemical feedstock?
Up to 5 years
Up to 10 years