October 2004

Trends and Resources

HP Impact: HPImpact: Asia equipment sales soar; repair costs grow in US and Europe

The world has emerged from recession and this has unleashed expenditures to expand and maintain production. However, there is a marked difference in the activity depending on the region, according to ..

Weirauch, Wendy, Hydrocarbon Processing Staff

The world has emerged from recession and this has unleashed expenditures to expand and maintain production. However, there is a marked difference in the activity depending on the region, according to a study from McIlvaine Company (www.mcilvainecompany.com). In the US and Europe, expenditures have been centered on repair and improvement of existing facilities. In Asia, the money is flowing toward new plants. One sector the study highlights is the difference in expenditures for coal-fired electricity generation.    Table 4. Coal-fired power generation in 2010, 1,000 MW

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