May 2012

Columns

HP Insight: The HPI uses technology when solving global problems

Research and development (R&D) has been the platform to support new methods to process transportation fuels and petrochemical products from hydrocarbons. So, how much of the R&D was just straight rese..

Research and development (R&D) has been the platform to support new methods to process transportation fuels and petrochemical products from hydrocarbons. So, how much of the R&D was just straight research vs. finding a solution to a critical issue confronting the industry or the market? Another viewpoint would be: Did history shape the hydrocarbon processing industry (HPI) or did the HPI transform history? In surveying the events and developments over the past 90 years, it is a little of both. Crisis is of the seed that forces innovation to solve vexing problems. Often, new products are the fruits of R&D effort directed to solve another task. The HPI continues to reinvest in new technologie

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