Economics

Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

U.S. refinery margins extended their upward trend for the fifth consecutive month, exhibiting the largest upturn relative to other regions.

Digital: ROI is the secret sauce for sustainable digital transformation

Burke, Z., Radix Engineering and Software

Digital transformation is a broad term that can mean vastly different things to different people.

Regional Focus: Russia looks to double petrochemicals and LPG exports by 2025

Gerden, E., Contributing Writer

Russia hopes to become one of the world’s largest producers and exporters of petrochemicals and LPG by 2025 by doubling its domestic output and exports.

Executive Viewpoint: Interconnected neural networks drive breakthrough optimization

Cohen, G., Imubit

We have all learned that technology alone will not improve our operations.

Editorial Comment: Petrochemicals: Changing technologies and configurations to satisfy future demand

Nichols, Lee, Hydrocarbon Processing Staff

For nearly a decade, capital investments in new petrochemical capacity have skyrocketed. This

Strategies to minimize piping thermal maintenance system cost without compromising performance

Forbes, B., AMETEK

Where process fluid must be maintained within a certain operating temperature window, the piping will likely require the application of a thermal maintenance system.

Best practices for pygas-based styrene extraction

Liu, Z., Joshi, S., Ma, H., Zhang, R., Sulzer GTC Technology

Pyrolysis gasoline (pygas) is a by-produced fraction of hydrocarbons generated from a steam cracker.

Fuels and chemicals: Finding the right refinery configuration for a less predictable world

Chaudhuri, S., Singh, R., Bechtel India

The refining industry links the upstream production of crude oil with the end markets for fuel products, as well as for the petrochemical/chemical industry.

Optimizing for viability—VDU revamp in a brownfield project

Revamping an existing column in an operating plant for higher throughput is a challenge, especially when the column is already operating at its rated capacity.

Reduce OPEX and improve sustainability through digital energy optimization strategies

Lau, C., Schneider Electric

Oil and gas companies are looking for quick ways to reduce OPEX amid the pandemic and oil and gas market crises.