Petrochemical demand will increase with gross domestic product, while motor fuel demand will only show modest growth and may even decline in certain regions, given environmental/legislative pressure and the introduction of battery-powered electric vehicles.
Last month, Hydrocarbon Processing presented its mid-year market update to a global audience.
U.S. Gulf Coast margins increased, supported by unplanned refinery outages that limited a stronger recovery in run rates and kept product outputs relatively supressed.
Last month, Hydrocarbon Processing hosted the International Refining and Petrochemical Conference (IRPC).
Optimization—the action of making the best or most effective use of a situation or resource—is not a term that the hydrocarbon processing industry (HPI) takes lightly: it is a way of life.
What is reliability? Most people think reliability is simply a measure of failure, or lack of failure. If something runs for a longer period without failing, then it is more reliable than something that runs for less time. However, reliability is a measure of how often something performs when you want it to.
Renewable diesel: this greener, cleaner fuel has taken our industry by storm.
On January 1, 2020, a new requirement limiting the sulfur content of marine fuel to a maximum of 0.5 wt% went into effect.
The U.S. Environmental Protection Agency (EPA) introduced Tier 3 gasoline sulfur standards in 2017, requiring all U.S. gasoline producers to adhere to an annual 10-ppm average sulfur limit.
Many companies are modifying existing crude refineries or building grassroots renewable diesel facilities to produce drop-in, green renewable diesel from a variety of agriculturally derived triglyceride feedstocks.