HP Impact: HPImpact: Process automation market to reach nearly $79 billion
Manufacturing companies continue to increase investments in capital expenditures for automation equipment. As a result, the worldwide market for total process automation will grow 6.4%/yr over the nex..
HP Impact: HPImpact: Coal-based product demand in US forecast to skyrocket
The overall US market for coal-based products has grown from almost $3.4 billion in 2003 to an approximately $5.9 billion in 2006. By 2011, the US market is expected to reach nearly $12 billiona..
HP Impact: HPImpact: Government, private firms join to enhance cybersecurity
The US Department of Homeland Security (DHS) is facilitating monthly teleconferences with international control system vendors and equipment manufacturers to discuss ways to increase cybersecurity in ..
HP Construction: North America
Chevron U.S.A. Inc. completed its fluid catalytic cracking unit expansion at its Pascagoula, Mississippi, complex. This increases the refinery's capacity to manufacture gasoline by roughly 10% to abou..
HP Construction: South America
Technip has a project management consulting (PMC) contract with Ecopetrol, Colombia's state oil company. The agreement is worth $50 million and will expand its refinery in Barrancabermeja, Colombia. T..
HP Construction: Europe
BASF is expanding its production complex for diphenylmethane diisocyanate (MDI) in Antwerp, Belgium. In the second quarter of 2007, the annual capacity of the two-train plant at BASF's Antwerp Verbund..
HP Construction: Middle East
GE Oil & Gas has two separate contracts to supply centrifugal compressors for two petroleum development Oman (PDO) projects: one in the Saih Rawl gas field of Central Oman, and the other in the Harwee..
HP Construction: Asia-Pacific
Honeywell has a $2.5 million contract from TonenGeneral Sekiyu to oversee the Wakayama control house consolidation project. This will combine the oil refinery's existing process control operations int..
HP In Brief: February 2007 HPInBrief
LNG market dynamics Unless the US builds necessary infrastructure to import natural gas, it will be at..
HP Impact: HPImpact: EIA: Fossil fuels to retain their share in US energy mix to 2030
Despite the projected rapid growth of biofuels and other nonhydroelectric renewable energies and expectations of the first new orders for nuclear power plants in over 25 years, fossil fuels are foreca..
HP Impact: HPImpact: Global economies to slow in 2007, but fend off recessions
Though GDP growth has decelerated in the US, it has remained strong in most other parts of the world and accelerated in some othersnotably the "Eurozone." Economists with Global Insight believe ..
HP Impact: HPImpact: Energy execs profile North America's LNG industry
Over the past four years, US LNG import volumes have not been strongly related to US gas prices, according to David Hendicott, director of Global Gas LNG Strategy with ConocoPhillips. Speaking at a re..
HP Impact: HPImpact: Year 2007 to have hefty project additions in China, Middle East
Over 20 projects in the chemical processing industry are in the engineering phase and set to begin construction in the first quarter of 2007. The combined total investment value of the 21 projects is ..