HP Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

US commercial crude oil inventories are at elevated levels and are expected to increase. Lower crude oil prices have supported consumption in developed economies, removed budgetary constraints in emer..

China, North America projected to drive rising chemicals M&A in 2015

The global survey of chemical executives and members of the M&A community showed that 60% of these chemicals executives see increased mergers and acquisitions in 2015, driven by portfolio restructuring and an overall focus on companies’ core businesses.

HP Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

The global market is experiencing a potential temporary recovery from a prolonged decline, possibly followed by the continuation of the downtrend. This is reflected in continued growth in the US tight..

2015 Catalyst developments: Innovation and value creation

Hydrocarbon Processing invited major catalyst companies and industry consultants to share their insights regarding innovations and trends for new catalytic technologies.Challenges to be solved“As..

HP News

Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..

Axens, IFPEN, Anellotech to develop bio-aromatics production technology

The technology will address large-scale units and produce purified aromatics streams suitable for modern derivative production processes at a very competitive price.

HP Editorial Comment: Alternative energy?

Romanow, Stephany, Hydrocarbon Processing Staff

Alternative energy is a point-of-reference term. Natural gas is an alternative energy resource for transportation fuels. As more natural gas resources are developed, natural gas is displacing coal as ..

Optimize olefins and aromatics production

Dean, C., High Olefins FCC Technology Services, LLC; Letzsch, W. S., Technip Stone & Webster Process Technology

Petrochemical yields from the FCCU is an area of increasing interest as more companies try to integrate refining and petrochemical operations.

HP Industry Metrics

Mid–October crude oil prices slumped as the International Energy Agency (IEA) announced a slight increase in global oil demand by 700 Mbpd. In contrast, oil production is forecast to increase by ..

GTC Technology chosen for China aromatics unit

The new unit is the eighth GT-BTX license in China and will play an integral role in the 5-million tpy refinery being constructed by Shandong Sincier Chemical Group (SSCG).