HP Boxscore Construction Analysis: Outlook for major revamp projects—Part 2
Worldwide, refiners are investing billions in upgrading and modernizing projects. These efforts are focused on:Increasing flexibility to process heavier, sourer crudesImproving energy efficiencyMeetin..
Worldwide, refiners are investing billions in upgrading and modernizing projects. These efforts are focused on:
Increasing flexibility to process heavier, sourer crudes
Improving energy efficiency
Meeting pending environmental standards and regulations
Increasing yields of higher-value petroleum products.
Part 1 of this outlook reviewed major revamp projects in Africa, Latin America and Asia-Pacific. Part 2 examines notable construction activities in Europe, the Middle East and the US.
This region is experiencing expansion to meet cleaner fuel regulations. In Belgium, Total is investing $1.3 billion (B) to modernize its largest European refining and petrochemical plat
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