According to Gulf Energy Information’s Global Energy Infrastructure database, new capital project investments have increased each month since November 2020.
The U.S. Environmental Protection Agency (EPA) introduced Tier 3 gasoline sulfur standards in 2017, requiring all U.S. gasoline producers to adhere to an annual 10-ppm average sulfur limit.
As refiners consider renewable, low-carbon alternatives, renewable diesel—refined from agricultural products using petroleum refinery processes—is gaining traction.
After a tumultuous year, many active capital projects have been deferred, delayed or even abandoned.
By universal agreement, the safety and reliability of facilities in the hydrocarbon processing industry—and most other industrial plants—are of highest importance.
For nearly a decade, capital investments in new petrochemical capacity have skyrocketed. This
The volatile impact of the coronavirus pandemic hit at the same time the petrochemical industry was entering a downcycle.
Where process fluid must be maintained within a certain operating temperature window, the piping will likely require the application of a thermal maintenance system.
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world.
The COVID-19 pandemic has caused significant, short-term disruption to the chemical industry, potentially leading to long-term impacts.