Petrochemicals©2014 Hydrocarbon Processing60 Petrochemicals 2015 downstream forecast reaches all-time highIn 2015, the HPI’s capital, maintenance and operating budgets are expected to exceed $324 B. Global announced project spending continues to surge to satisfy increasing demand for petroleum products., 01 Dec 2014 00:00:00 GMTEditors’/Readers’ Choice 2014According to Hydrocarbon Processing’s Construction Boxscore Database, over $1.143 trillion in announced global projects are at various stages of development. Using the Boxscore Database, HP editors identified 12 projects that will have the highest impact to the global or regional downstream industry. HP readers voted online to select the top project in each category., 01 Dec 2014 00:00:00 GMTGlobally, the HPI is building new capacityThe HPI continues to expand to meet increasing demand for energy, transportation fuels, and petrochemical-based consumer products. As confirmed by HP’s HPI Market Data 2015 forecast, numerous construction projects are under various stages of development for the refining, petrochemical and gas processing/LNG industries., 01 Dec 2014 00:00:00 GMTHP Industry Metrics, 01 Dec 2014 00:00:00 GMTHP Innovations, 01 Dec 2014 00:00:00 GMTHP News, 01 Dec 2014 00:00:00 GMTMexico’s major grassroots effort: Ethylene XXI projectThe federal government, through Pemex Gas and Petroquímica Básica, using the law that regulates Mexican oil, decided to promote private investment to build a new major petrochemical complex called Ethylene XXI., 01 Dec 2014 00:00:00 GMTOil price—How low can it go?, 01 Dec 2014 00:00:00 GMTUS shale revolution set to spill over into downstream, 01 Dec 2014 00:00:00 GMTAn examination of three recent accidents in the downstream industryWith these accidents, has refining internationally fallen sub-standard in terms of safety? Such a question is likely best addressed by examining the existing HPI standard., 01 Nov 2014 00:00:00 GMTDesign a safe hazardous materials warehouseThe safe warehousing of hazardous chemicals is a design challenge in chemical and petrochemical projects. A methodology is provided for designing a safe warehouse, and a case study shows the high level of analysis and integration required., 01 Nov 2014 00:00:00 GMTEnvironmental regulations: How much do they really cost?Processors should instead grasp some understanding of the costs and benefits by asking themselves: “How much will these changes really cost, and what’s in it for me?”, 01 Nov 2014 00:00:00 GMTHP Industry Metrics, 01 Nov 2014 00:00:00 GMTHP News, 01 Nov 2014 00:00:00 GMTOptimize olefins and aromatics productionPetrochemical yields from the FCCU is an area of increasing interest as more companies try to integrate refining and petrochemical operations., 01 Nov 2014 00:00:00 GMT