August 2019

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Editorial Comment: A shift in capital? Petrochemical projects take lead in active project market share

In mid-June, I joined Thad Pittman, Senior Research Analyst, Hydrocarbon Processing’s Construction Boxscore Database, to provide Hydrocarbon Processing subscribers with a global analysis on the downstream processing industry’s capital projects landscape.

Nichols, Lee, Hydrocarbon Processing Staff

In mid-June, I joined Thad Pittman, Senior Research Analyst, Hydrocarbon Processing’s Construction Boxscore Database, to provide Hydrocarbon Processing subscribers with a global analysis on the downstream processing industry’s capital projects landscape. The following is a synopsis. FIG. 1. Total active projects and capital expenditures ($B) by region. Source: Hydrocarbon Processing’s Construction Boxscore Database. Over the past several years, the world has witnessed significant downstream capacity growth in all sectors. The Boxscore Database is tracking more than 1,300 active HPI projects around the world, representing more than $1.8 T in cap

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