July 1998

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HPIn Processing: Latin America important to U.S. refiners

Last month, I discussed the increased U.S. refining business activity that occurred during the first half of this year. However, not all activity is limited to the U.S. Refiners in Asia are currently ..

Nakamura, D. N., Hydrocarbon Processing Staff

Last month, I discussed the increased U.S. refining business activity that occurred during the first half of this year. However, not all activity is limited to the U.S. Refiners in Asia are currently dealing with the "Asian contagion" (which is also affecting the Middle East) and Europe refiners are confronted with environmental regulations. Which leaves Latin America as the one major global region with positive refining expectations, at least for the short term. In fact, companies in Latin America have shown a great willingness to form joint ventures with foreign companies. Supply and demand. Depending on which forecast you believe, U.S. demand for refined products should grow anyw

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