In the February issue of Hydrocarbon Processing, our editors provided the results of Hydrocarbon Processing’s survey on the challenges that the downstream processing industry may face this year. The HPI certainly witnessed its fair share of challenges in 2018. From new regulatory announcements and enactments to the continued buildout of new refining, petrochemical and gas processing/LNG capacity, 2018 epitomized the ever-changing global HPI marketplace. With several hundred votes, regulations—representing nearly 30%—were viewed as the top challenge the industry will see in 2019. However, the oversupply of refined fuels, knowledge transfer and surplus capacity buildout had strong showings. A
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