Emissions from flares worsen air quality and produce waste gas. A flare gas recovery system is designed to facilitate CO2 reduction.
For the petrochemical industry, the U.S. Gulf Coast (USGC) has the locational advantage of proximity to cheap feedstock, and to an abundance of pipeline infrastructure and terminals for export markets.
Hydrocarbon processing businesses increase profitability and survivability by optimizing production and/or reducing expenses to maximize profitability—or in the extreme, cash flow.
Maintaining the structural integrity of a pipeline is a significant investment of time and resources for organizations in the oil and gas industry.
Fluid catalytic cracking (FCC) is one of the most important conversion processes used in petroleum refineries and has been in use for more than 75 yr.
Data provided by Construction Boxscore.
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world. These projects equate to nearly $1.8 T in capital spending worldwide. At more than $630 B, the Asia-Pacific region represents 35% of active capital investments in the hydrocarbon processing industry, followed by the U.S. ($300 B) and the Middle East ($270 B). These three regions represent 65% of total active project market share, as well as account for nearly 70% of total capital expenditures globally.
Boxscore new project announcements, April 2018–present
Active project market share by region
Dealing with harsh chemicals in a process environment can be aggressive and detrimental to a composite repair system. Understanding the limitations and capabilities of chemical compatibilities and resistance of the system is a critical step to successful usage.
For additional downstream construction project data, visit Construction Boxscore.