April 2018

Trends & Resources

Global Project Data

According to Hydrocarbon Processing’s Construction Boxscore Database and HPI Market Data 2018, total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B.

Nichols, Lee, Hydrocarbon Processing Staff

According to Hydrocarbon Processing’s Construction Boxscore Database and HPI Market Data 2018, total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B. The majority of these projects are located in the Asia-Pacific, Middle East and US regions. When broken down by activity level, nearly 70% of active petrochemical projects globally are in preconstruction phases. The majority of petrochemical product demand is stemming from developing nations in non-OECD countries. These nations are showing signs of growing populations with more disposable incomes, which spurs demand for petrochemical products. HP   Active petrochemical pro

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