September 2017

Trends and Resources

Industry Perspectives: Emerging trends in the global refining industry

Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 700 refining projects around the world.

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 700 refining projects around the world. The majority of these projects are in the Asia-Pacific and Middle East regions (FIG. 1). FIG. 1. Total active refining projects by region, 2017. Source: Hydrocarbon Processing’s Construction Boxscore Database. Several definable trends are emerging in the global refining industry. Aside from the usual supply and demand factors, many countries are investing in energy and plant efficiency, crude flexibility, and conversion projects and building secondary units to adhere to governmental regulations on emissions, sulfur levels in transp

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