Industry Perspectives: What are the opportunities for the global HPI?
In the February issue of Hydrocarbon Processing, our editors provided the results of Hydrocarbon Processing’s survey on the challenges that the downstream processing industry may face this year.
Business Trends: Petrochemicals 2025: Three regions to dominate the surge in petrochemical capacity growth
The global petrochemical sector continues to expand exponentially as developing nations’ demand for petrochemical/chemical products continues to increase.
Industry Metrics
In the US, soaring gasoline stocks and poor fuel oil performance were offset by strong heating oil demand and higher product prices caused by weather-related refinery outages.
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The 19th International Conference and Exhibition on Liquefied Natural Gas (LNG2019), presented by the International Gas Union (IGU), Gas Technology Institute (GTI) and the International Institute of Refrigeration (IIR), is the premier LNG event conducted by the industry for the industry.
Innovations
Engineers tasked with finding a green solution to waste gas emissions from hydrocarbon storage tanks during loading and unloading operations will find that the ST100 series thermal flowmeter from Fluid Components International (FCI) supports tank vapor recovery systems, which help reduce greenhouse gas emissions.
People
MFG Chemical has promoted Barry Lassiter to VP of operations, where he will be responsible for MFG’s three plants in the Dalton, Georgia area and the recently acquired 26.7-acre plant in Pasadena, Texas.