August 2018

Trends & Resources

Global Project Data

According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 150 new projects have been announced in the downstream processing industries this year.

Nichols, Lee, Hydrocarbon Processing Staff

According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 150 new projects have been announced in the downstream processing industries this year. The majority of new project announcements have occurred in the Asia-Pacific region. This region represents 37% of all new projects announced. The US and Middle East regions represent 24% and 14%, respectively. In total, the Asia-Pacific, Middle East and US regions represent approximately 75% of all new projects announced this year. Within these three regions, the bulk of new downstream capacity is within the petrochemical and gas processing/LNG sectors. HP

Total active projects by region and sector
Total active projects by region and sector

 

Boxscore new project announcements, May 2017–present
Boxscore new project announcements, May 2017–present

  

Active project market share by region
Active project market share by region

The Author

Related Articles

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}