Americas

The EPC executive’s challenge and opportunity: Navigating the sustainability shift in capital projects

Beck, R., Aspen Technology Inc.

According to an industry report published by McKinsey and Co., accelerating the decarbonization of the U.S. economy to achieve net-zero targets by 2050 will require approximately $275 T of cumulative capital spending over the next 30 yr.1

Business Trends: The economics of reliability: Global chemicals

Krimmel, J., Pinnacle

Chemical manufacturers worldwide are navigating an inflection point. Following the pandemic-fueled demand crash of 2020, a strong but stilted recovery unfolded in 2021.

Industry Perspectives: 1Q project announcements this year down vs. 1Q 2021

Nichols, Lee, Hydrocarbon Processing Staff

New capital project announcements are down 27% in 1Q 2022 vs. 1Q 2021.

Global Project Data

Nichols, Lee, Hydrocarbon Processing Staff

Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 projects around the world, totaling more than $1.8 T in active capital project investments.

Sustainability: Staying ahead of environmental, social and governance goals

Ofori, B., Emerson Automation Solutions

Investing in firms that champion environmental, social and governance (ESG) issues (TABLE 1) has been discussed for decades but is now moving to the forefront of corporate initiatives.

History of the HPI: The 1940s: Global conflict, FCC, 100 octane, synthetic rubber—Wartime necessitates advancing technologies

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing continues its look at the history of the hydrocarbon processing industry (HPI).

Industry Pioneers: Polymer science, catalytic cracking, petrochemicals and EPC

Sharma, Sumedha, Hydrocarbon Processing Staff

Waldo Semon was an American chemist whose detour with assigned laboratory research at B. F. Goodrich led to the development of vinyl—the second best-selling plastic in the world.

Industry Pioneers: Polymer science, catalytic cracking and chemical advances

Nichols, Lee, Hydrocarbon Processing Staff

The Austrian-born chemist, Hermann Francis Mark, is well-known for his contributions to the development of polymer science, which he devoted more than 60 yr of his life to.

History of the HPI: The 1930s: Catalytic cracking, polyethylene, synthetic fibers, resins and jet engines

Nichols, Lee, Hydrocarbon Processing Staff

The hydrocarbon processing industry (HPI) has a rich history of discovery, challenges, breakthroughs, trial and error, collaboration and success. Hydrocarbon Processing continues its reflection on the history of the HPI.

Process Controls, Instrumentation and Automation: Reduce maintenance costs by optimizing pressure transmitter calibration intervals

Burton, B., Emerson Automation Solutions

Pressure instrumentation is crucial for the functionality and safety of hydrocarbon processing facilities worldwide.