Weirauch, Wendy
HP Impact: 'Renewed strength,' in economies forecast for OECDcountries
After a drawn-out period of fits andstarts, a palpable recovery has finally taken hold across membernations of the Organization of Economic Cooperation and Development(OECD). “The strong momentum..
HP Impact: Gas, LNG market to grow robustly
Oil demand is forecast to drop by alittle over 1% by 2030. However, its consumption in absolute termswill increase from the current 77 million barrels/day (MMbpd) to120 MMbpd. To satisfy demand, a min..
HP Impact: China, India likely regions for bulk of new chemical investments
The worldwide market for plant-levelexpenditures in the chemical industry, which totaled more than $214billion in 2003, will reach almost $241 billion by the end of 2008.This totals a modest cumulativ..
HP Impact: Key strategies identified for meeting challenges of climate change
An effective international response toglobal climate change requires a more flexible approach so thatcountries can take on different types of commitments best suited totheir domestic circumstances, ac..
HP Impact: Propylene demand to grow 4.7%/yr; ethylene expansions required
In 2002, global propylene productionreached 52.8 million metric tons per year (MMtpy) and is valued at$17 billion. The bulk of propylene production and consumption isconcentrated in North America, Wes..
HP Impact: Enhancements to device description language
Working collaboratively, three leadingorganizations dedicated to control network technology havecompleted the initial phase of development for key extensions toelectronic device descriptions (EDD). ..
HP Impact: Consumption of many key petrochemicals to exceed capacity
US oil and gas producers continue toenjoy relatively high prices for their production. “While this isbeneficial for the upstream industry, it is pressuring consumers ofenergy and feedstocks,”..
HP Impact: Use front end loading correctly to enhance project outcome
More than ever, there is tremendoustime pressure to complete projects faster and for less capital. “Inthe execution of these ultra-fast track projects, it is oftentempting to skip key steps in pr..
HP Impact: Society drafts certification program for piping designers
A first-of-its-kind program is beingestablished to provide credentials for process piping designers.The Society of Piping Engineers and Designers (SPED) isspearheading the multilevel certification pro..
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