Construction
Viewpoint: The need for change—Why the industry is looking at crude-to-chemicals
As the world’s population increases and living standards continue to improve, the demand for energy and chemicals is stronger than ever before.
Editorial Comment: Celebrating the latest advancements in HPI technology
At the end of this month, <i>Hydrocarbon Processing</i> will honor the latest technological advances in the hydrocarbon processing industry (HPI) at an awards gala.
Hydrocarbon Processing Awards
<i>Hydrocarbon Processing</i>, the downstream processing sector’s leading technical publication, has announced the finalists for its second annual awards.
Improving certainty in uncertain times by building an IIoT-ready plant
Historical statistics indicate that 25% of projects have budget overruns and a further 50% have schedule slippage.
Construction
Toyo Engineering (Toyo) was awarded a contract to deliver a large-scale steam cracker complex in Malaysia.
Editorial Comment
In early June, Hydrocarbon Processing and Eni—an Italian multinational oil and gas company—hosted the annual International Refining and Petrochemical Conference (IRPC) in Milan, Italy.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,600 projects around the world, representing more than $1.8 T in capital expenditures.
Decline in LNG contract lengths and volumes raises future supply concerns
A dramatic acceleration of a trend toward smaller volumes and shorter tenures for LNG contracts in 2017 highlights the growing commoditization of the global LNG market, even as it raises troubling questions about future supply.
Editorial Comment: What is the future role of the process engineer?
During the American Institute of Chemical Engineers’ (AIChE’s) Spring Meeting, held in Orlando, Florida in April, I was honored to sit on a panel discussion with Paul Durand from ExxonMobil and Sanjeev Kapur from Apex PetroConsultants.
Industry Perspectives
Petrochemicals and gas processing/LNG sectors see largest increase in new projects.
- Hydrogen in aviation offers potential for growth and deeper emissions reductions, new study shows 12/9
- EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility 12/9
- Borouge and Borealis launch Recleo™, a global brand for cost-effective mechanically recycled solutions 12/9
- Topsoe and Carbon Neutral Fuels partner to advance e-SAF with SOEC electrolyzer technology 12/9
- IATA: SAF production growth rate is slowing 12/9
- HyOrc secures 10-yr offtake commitment for green methanol pilot 12/9
