March 2021

Trends and Resources

Global Project Data

After a tumultuous year, many active capital projects have been deferred, delayed or even abandoned.

Nichols, Lee, Hydrocarbon Processing Staff

After a tumultuous year, many active capital projects have been deferred, delayed or even abandoned. After excluding projects that have been put on hold, Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,300 projects around the world in the refining, petrochemicals and gas processing/LNG sectors. At approximately 40%, the Asia-Pacific region is the leader in active projects, followed by the Middle East and the U.S. Asia has also been the leader in new project announcements over the past year. Globally, new project announcements have increased for the past four months. HP Total active projects by region and sector, excluding holds

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