October 2017

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Editorial Comment: HP Top Project Awards 2017

It’s that time again! Hydrocarbon Processing has announced the nominees for its annual Top Project awards.

Nichols, Lee, Hydrocarbon Processing Staff

It’s that time again! Hydrocarbon Processing has announced the nominees for its annual Top Project awards. The editors of Hydrocarbon Processing have identified nine projects that will contribute significantly to the expansion of the hydrocarbon processing industry, whether through contributing capital expenditures, satisfying or increasing domestic or regional demand, diversifying product offerings or adding to the resurgence in refining and/or petrochemical processing capacity.

These nine projects span the globe and represent more than $114 B in total capital expenditures. The winners of this prestigious award over the last two years include:

  • Refining

o  2014—Saudi Aramco and Total Refining and Petrochemcial Co.’s (SATORP) Jubail Refinery

o  2015—SOCAR’s Turkey Aegean Refinery (STAR)

o  2016—KNPC’s Clean Fuels Project

  • Petrochemicals

o  2014—Saudi Aramco and Dow Chemical’s SADARA Petrochemical Complex

o  2015—Sasol’s Ethane Cracker and Derivatives Complex

o  2016—Dow Chemical’s Oyster Creek PDH unit project.

This year’s refining nominees (TABLE 1) represent nearly 2 MMbpd of new refining capacity by the early 2020s. These projects represent a total capital investment of more than $54 B. The five petrochemical nominees (TABLE 2) have a total cost of nearly $60 B and represent more than 36 MMtpy of additional petrochemicals production by the early 2020s.

 
The choice is now up to you! Beginning October 1, readers of Hydrocarbon Processing can make their voices heard in an exclusive online poll. The winners will be revealed in Hydrocarbon Processing’s December issue. HP

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