Construction
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
South America: Brazil
Brazil’s economic improvement was remarkable over the past decade, following many years of slow growth. On average, the Brazilian gross output of goods and services increased at an annual average..
Asia: India
The Indian economy has come a long way since the 1991 economic reforms. A decade and a half of economic reform and globalization is yielding returns that cut across all income groups. The domestic eco..
Asia: Japan
The Japanese economy showed steady recovery for 2003–2007. However, due to the global recession in late 2008, Japan’s GDP growth decreased to –1% in 2008 and to –5.5% in 2009. Due ..
Europe: United Kingdom
The United Kingdom (UK) is Europe’s fourth largest chemical economy, after Germany, France and Italy. It accounts for 8% of the European Union’s (EU’s) $900 billion overall chemical pro..
Lanxess awards EPC work to Foster Wheeler for China synthetic rubber project
The new facility will be designed to produce 160,000 tpy of EPDM rubber. The plant is expected to start up in 2015. Germany-based specialty chemicals firm LANXESS says the new plant, which it describes as the largest EPDM rubber facility in the world, is its largest investment in China to date.
BridgeTex pipeline to deliver crude from Permian Basin to Houston Gulf Coast
The pipeline will transport up to 300,000 bpd of crude oil, with access to Houston Ship Channel refineries, Texas City refineries and other refineries throughout the Gulf Coast.
Korea Petrochemical taps Toyo to build EO/EG plant
Toyo will provide the engineering, procurement and construction management (EPCm) based on the basic design package of US-based company Scientific Design (SD). The mechanical completion of this plant is scheduled for May 2014. Toyo has already built 13 EO/EG plants based on SD’s technology.
Improve integration opportunities for aromatics units—Part 1
An aromatics complex is a combination of processing units that can be used to convert petroleum naphtha and pyrolysis gasoline (pygas) into the basic petrochemical intermediates: benzene, toluene and ..
HP Reliability: Closed-oil-mist systems and maintenance cost avoidance
A recent Hydrocarbon Processing (HP) article conveyed an industry finding that dates back several decades: Oil mist successfully lubricates operating machinery, protects and preserves standby equipmen..
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
