Petrochemicals
Africa: Financing Africa’s petrochemical projects
The financing of Africa’s petrochemicals industry expansion remains a key issue for a continent on which governments and the private sector are grappling with an infrastructure financing deficit of $130 B–$170 B, despite some investors having found options to fund their petrochemical projects.
Editorial Comment: Sustainability: The latest creation in advancing ideas
Over the past few months, Hydrocarbon Processing’s editorial staff has traveled thousands of miles to attend numerous conferences, events, users’ groups, groundbreakings, etc.
Applying industry standards to address cybersecurity risk
Cybersecurity standards and related practices contain valuable information for both asset owners and solution suppliers.
Viewpoint: Downstream expansions will accelerate needed production growth
Two transformative drivers—global economic growth averaging more than 3%/yr and the world population expanding to more than 9 B by 2040—will have the net effect of adding another India and China to today’s global energy demand.
Reliability: Safe fluid machines are our responsibility
Early in our training as engineers, we developed the ability to collect and evaluate data.
Editorial Comment: Where some see roadblocks, we see opportunities
In the January issue of Hydrocarbon Processing, the editorial comment focused on the roadmap to advancing ideas.
People
Geoffrey Somary has been named CEO of Ipsen Group worldwide, succeeding Thorsten Krüger, who will move to the company’s advisory board. Since 2005, Mr. Somary has held several senior positions within Ipsen.
Innovations
Industrial workers can strengthen their grasp of production and make more informed operating decisions with the new Allen-Bradley CompactLogix 5480 controller by Rockwell Automation.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,300 projects around the world.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
- Industry collaboration brings new insights on corrosion under insulation 7/1
- Methanex to indefinitely idle 860,000-tpy Trinidad and Tobago methanol plant 6/30
- Several injured in fire at Haldia Petrochemicals' plant in eastern India 6/30
- Shell forecast: Global LNG demand expected to grow by 65% by 2050 6/30
- INEOS Enterprises completes sale of its ultra-pure sulfur dioxide and derivatives business to Ecovyst 6/30
- Neste to invest over €400 MM in Porvoo refinery maintenance turnaround 6/30
