http://www.hydrocarbonprocessing.com Hydrocarbon Processing The illusion of accuracy in analyzing plant failures http://hydrocarbonprocessing.com/news/2024/04/the-illusion-of-accuracy-in-analyzing-plant-failures/ This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations. Improve energy efficiency of assets http://hydrocarbonprocessing.com/news/2024/04/improve-energy-efficiency-of-assets/ Navigating the complex LNG value chain http://hydrocarbonprocessing.com/magazine/2024/march-2024/lng/navigating-the-complex-lng-value-chain/ Throughout the last two decades, LNG technology improvements have built a global natural gas market. This globalization has led to an increase in demand, but also an increase in instability, as changing global events and the drive towards increased sustainability in energy sources have created market fluctuations from all directions. Executive Viewpoint: FCC propylene production, catalysts technologies and new solutions http://hydrocarbonprocessing.com/magazine/2024/march-2024/columns/executive-viewpoint-fcc-propylene-production-catalysts-technologies-and-new-solutions/ Welcome to Hydrocarbon Processing’s new Executive Series. In this enhanced video platform, the editors speak with the operators and technology leaders and suppliers that are optimizing the global hydrocarbon processing industry (HPI). Business Trends: A 2024 and beyond outlook for the GCC chemical industry http://hydrocarbonprocessing.com/magazine/2024/march-2024/trends-and-resources/business-trends-a-2024-and-beyond-outlook-for-the-gcc-chemical-industry/ The global chemical industry faced a challenging year in 2023. Various factors contributed to sluggish demand growth for chemicals globally, including the European recession, U.S. inflation and a lower-than-expected chemical demand rebound in China. These factors resulted in global chemical market growth of < 1% in 2023, with many producers experiencing lower output. Neste completes its organizational change process to improve long-term competitiveness http://hydrocarbonprocessing.com/news/2024/03/neste-completes-its-organizational-change-process-to-improve-long-term-competitiveness/ Neste announced that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. bp awards Kent a five-year global commissioning framework agreement http://hydrocarbonprocessing.com/news/2024/03/bp-awards-kent-a-five-year-global-commissioning-framework-agreement/ Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.    Executive Viewpoint Q&A: The impact of AI on industry http://hydrocarbonprocessing.com/magazine/2024/february-2024/columns/executive-viewpoint-qa-the-impact-of-ai-on-industry/ Hydrocarbon Processing had the opportunity to speak with Hiroshi Tanoguchi, Vice President and Head of the Yokogawa Products Headquarters, Yokogawa Electric Corp., about the company’s autonomous control artificial intelligence (AI), how this was applied in a project with ENEOS Materials, and how safety is ensured in plant operations. LLumin and eschbach partner for integrated team communications in enterprise asset management and plant maintenance http://hydrocarbonprocessing.com/news/2024/02/llumin-and-eschbach-partner-for-integrated-team-communications-in-enterprise-asset-management-and-plant-maintenance/ LLumin and eschbach announce their partnership to deliver the first rules-based, action-triggering, bi-directional communicating CMMS solution that seamlessly integrates with Shiftconnector, a comprehensive plant process management solutions for process manufacturers. Riding the wave of transition to a sustainable chemical industry http://hydrocarbonprocessing.com/magazine/2024/january-2024/special-focus-sustainability-and-the-energy-transition/riding-the-wave-of-transition-to-a-sustainable-chemical-industry/ The chemical industry has shown resilience in addressing economic turbulence and supply chain disruptions after the COVID 19 pandemic.