July 1998

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HP Insight: Spending for environment

In less than 18 months, the HPI enters the next century. Many great changes have occurred within the industry over the last decade; yet, the HPI constantly struggles to beat the odds. HP is currently ..

Romanow, Stephany, Hydrocarbon Processing Staff

In less than 18 months, the HPI enters the next century. Many great changes have occurred within the industry over the last decade; yet, the HPI constantly struggles to beat the odds. HP is currently working on the hydrocarbon industry's outlook for 1999. Interestingly enough, the industry is repeating some segments of its business cycle; petrochemical capacity exceeds demand for some commodity compounds. However, political and societal forces are driving a tremendous metamorphosis for the industry and many HPI organizations. Many drivers are financially motivated; others are regulatory mandated and still more are technology-oriented. Forces upon the HPI. Environment, health and safety

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