Natural Gas
Shale energy resources driving resurgence for ethylene industry
The abundant supply of North American shale energy resources is proving to be not only a boon for exploration and production (E&P) companies and energy consumers, but it is also changing the profitabi..
North American olefin producers riding the shale gas wave
With the prospect of abundant low-cost ethane, several producers have announced intentions to build new ethylene capacity.
HP Boxscore Construction Analysis: Ethylene in evolution: 50 years of changing markets and economics
Ethylene is the key building block for the petrochemical industry. This olefin supports 70% of petrochemical industry production and is used to manufacture a wide variety of products for industrial an..
HP Brief
LyondellBasell plans to expand North American ethylene capacityLyondellBasell will raise its ethylene capacity in North America by 18% in coming years through several debottlenecking projects. Locatio..
HP Viewpoint: Refiners have a new learning curve with shale oil
We’ve all heard the news reports: “Shale resource developments have the potential to make the US energy independent for the first time since 1952.” The long-term impact of shale resourc..
HP Brief: Brief
Galveston Bay refineryMarathon Petroleum has closed its transaction with BP to purchase several assets, including the 451,000-bpd refinery located in Texas City, Texas. The refinery will be renamed an..
HP Industry Perspectives: EU leans forward on clean-fuel strategies
In late January 2013, the European Commission (EC) announced ambitious measures to ensure the buildup and standardization of alternative fueling stations across Europe. Much of the earlier EC policy i..
HP Impact: Shale gas possible catalyst for US export growth
The American Chemistry Council (ACC) recently released a report in which it stated that the US chemical manufacturing sector is one of the most important beneficiaries of the surplus of inexpensive na..
HP Innovations: Innovations
Coating system gets European patentHempel’s Ultra-High Solids and Speed (UHSS), a two-coat protective paint system certified for C5-M and C4 corrosive environments, has been granted a patent from..
HP Boxscore Construction Analysis: 2013 global construction outlook
The downstream industry is investing billions of dollars in the development and construction of grassroots facilities, along with expansions and upgrades to existing plants.
- 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
