Europe
Viewpoint: Electric vehicles vs. the perfect battery
It is no surprise that electric vehicles (EVs) are getting a lot more attention, now that carmakers have announced plans to increase production of them.
Refining: German refining industry on the verge of consolidation and production cuts
Germany produces very little domestic oil and natural gas, and relies on imports to meet 95% of its oil consumption.
Industry Perspectives
Petrochemicals and gas processing/LNG sectors see largest increase in new projects.
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 450 downstream projects are under construction around the world.
Advanced process control of debutanizers makes use of inferential predictions
Following good experience with a generalized cut-point calculation (GCC) inferential package, which models main fractionators with side streams, French energy major Total decided to experiment with a generalized distillation shortcut (GDS) inferential package, which models simpler, two-product distillation columns.
Refining: Winning strategies for oil producers
The prospect of peak oil demand will put pressure on resource-rich national oil companies (NOCs).
Show Preview: IRPC Europe returns to Italy this June
Gulf Energy Information and Hydrocarbon Processing are pleased to provide a preview of IRPC Europe 2018, which will be held June 5–7 in Milan.
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, Asia, the Middle East and the US contain 66% of all active downstream construction projects globally.
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.
Business Trends: Asia and Europe join the feedstock evolution with steam crackers
Steam crackers lay at the heart of petrochemical operations.
- 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
