September 2014

E&C 2014 Supplement

Economic drivers point to strong E&C growth

Fundamentals suggest that the industry business climate for most downstream engineering and construction companies (E&C) will remain strong for the foreseeable future.

Kulkarni, P., Gulf Publishing Company

    LyondellBasell’s Channelview, Texas, petrochemical complex is   representative of the new ethylene and propylene projects announced   recently on the US Gulf Coast (left). Among the LNG projects underway   throughout the world is the Yamal LNG liquefaction facility in Russia’s   Arctic region (center), where Technip is the EPC contractor (photo   courtesy of Novatek). Engineers India Ltd. has provided   EPC services for the grassroots BINA refinery in India (right). While the performance of individual engineering and construction (E&C) companies can vary even in the best of times, economic fundamenta

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