Nichols, Lee
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, nearly 450 downstream projects are under construction around the world.
Editorial Comment
Each May, Hydrocarbon Processing focuses on the topic of maintenance and reliability.
Onsite
The following scenes were captured at several events that the editors of Hydrocarbon Processing attended over the past several weeks.
Global Project Data
According to Hydrocarbon Processing’s Construction Boxscore Database, Asia, the Middle East and the US contain 66% of all active downstream construction projects globally.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database and <i>HPI Market Data 2018,</i> total capital expenditures (CAPEX) in the global petrochemical sector are more than $440 B.
Industry Perspectives: China holds nearly half of all petrochemical projects in Asia
Over the past decade, the Asia-Pacific region has been the leader in total active projects in all sectors of the downstream processing industry.
Editorial Comment: Petrochemicals—Advancing production for modern life
This issue of <i>Hydrocarbon Processing</i> is devoted primarily to the topic of petrochemicals; and rightly so.
Global Project Data
According to <i>Hydrocarbon Processing's HPI Market Data 2018,</i>’ total capital expenditures (CAPEX) are expected to reach $144 B in 2018.
Industry Perspectives: Secondary unit construction surges in the near term
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
Editorial Comment: The future of refining—sulfur need not apply
According to multiple industry reports, crude oil consumption will continue to increase over the short term.
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
- Oil via Russia's Druzhba pipeline halted by technical problems 12/20
