November 2020

Trends and Resources

Global Project Data

Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world.

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world. These projects equate to nearly $1.8 T in capital spending worldwide. At more than $635 B, the Asia-Pacific region represents 35% of active capital investments in the hydrocarbon processing industry, followed by the U.S. ($300 B) and the Middle East ($270). New project announcements have increased since 2Q 2020. More than 65% of active projects globally are in preconstruction stages. HP Total capital expenditures by region New project announcements, August 2019–October 2020

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