Businesses that develop and commercialize process technology are in a unique position to identify and evaluate global trends in our industry.
The Russian government has announced its plan to increase the volume of support for its domestic petrochemicals industry over the next several years, with the aim of doubling its production and boosting exports, according to Russian Minister of Energy Alexander Novak and the press service of the Russian Presidential Administration.
Larger plants typically have planners and maintenance supervisors onsite, as well as operations personnel.
When contractors, engineers and operations teams at downstream processing plants do not work together at optimal efficiency, it can present serious problems.
Ethylene is a precursor to many chemicals, fibers and plastics that are used in daily life.
Data provided by Construction Boxscore.
According to Hydrocarbon Processing’s Construction Boxscore Database, more than 320 new projects have been announced in the downstream processing industry over the past year.
New project announcements, August 2017–Present
Active project market share by region
For additional downstream construction project data, visit Construction Boxscore.
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