Industry Perspectives: New petrochemical projects flat year-over-year
New perochemical project announcements plateaued year-over-year (y-o-y), according to data from Hydrocarbon Processing’s Construction Boxscore Database.
Business Trends: Rethinking the refining and petrochemicals industries
Crude oil has been the fundamental element of transportation fuel for many decades.
Industry Metrics
High product inventory levels and weak heating oil demand continued to weigh on U.S. refining economics. European product markets, except gasoil, exhibited positive performance backed by firm exports and heavy turnarounds in the Middle East.