Americas
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database and <i>HPI Market Data 2018,</i> total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B.
Petrochemicals: Ethylene and polyethylene— An outlook to 2022
The first petrochemical-based production of ethylene occurred nearly a century ago. Since then, the industry has undergone a momentous evolution.
Editorial Comment: Petrochemicals—Advancing production for modern life
This issue of <i>Hydrocarbon Processing</i> is devoted primarily to the topic of petrochemicals; and rightly so.
Optimize your insulation to reduce costs
Corrosion under insulation (CUI) is a common problem that is shared by the oil and gas (onshore and offshore), refining, petrochemical, power and manufacturing industries.
Enhancing refinery profitability with a novel offgas conversion technology
The refining industry is challenged every day to optimize product slates that comply with market demand, product specifications, environmental regulations and refining-petrochemical integration, all while remaining profitable.
Energy losses from the radiant firebox wall of pyrolysis furnaces
The steam cracking unit is highly energy demanding, requiring high-severity pyrolysis furnaces to break the carbon-carbon bonds, as well as high pressure for the purification of its products.
Global Project Data
According to <i>Hydrocarbon Processing's HPI Market Data 2018,</i>’ total capital expenditures (CAPEX) are expected to reach $144 B in 2018.
Industry Perspectives: Secondary unit construction surges in the near term
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
Digital: Operational excellence index—Part 2: The digital transformation
Without a doubt, digitalization is the engine fueling the growing adoption of operational excellence (OE) in hazardous industries.
Editorial Comment: The future of refining—sulfur need not apply
According to multiple industry reports, crude oil consumption will continue to increase over the short term.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
