Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
The isomerization of light gasoline fractions is crucial to producing high-octane fuels and to reducing the benzene content in gasoline. One of the most promising options for isomerization is catalytic distillation.
This summary provides a "sneak peek" at Hydrocarbon Processing's HPI Market Data 2014. This comprehensive report investigates present and projected future trends in refining, natural gas and petrochemical industries. Topics include spending forecasts and construction projects derived from HP's Construction Boxscore database; global and regional changes in energy production and use; and developments in oil and natural gas processing. HPI Market Data 2014 also covers trends in economics, plant safety and the environment. This annual report is the hydrocarbon processing industry's premier source of market information for professionals working in the downstream.
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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
As low oil prices make naphtha cracking margins in Europe and Asia more competitive, are investments in new, ethane-based petrochemicals capacity in the US and Middle East becoming less attractive?
Yes, ethane cracking is less economical
No, ethane cracking is still the future
Too early to tell