Owners of refined products terminals, crude oil terminals, chemical plants and refineries can encounter several challenges when taking storage tanks out of service for inspection and repair per American Petroleum Institute Recommended Practice 653 requirements.
In the last few years, sustainability initiatives have started a dramatic shift from hydrocarbon to hydrogen (H2) production.
Recent legislation, such as the Low Carbon Fuel Standard (LCFS) and the Inflation Reduction Act of 2022 (which was passed in the U.S.), provide financial incentives for projects generating power, transportation fuels or other forms of energy to reduce their overall carbon emissions.
Hydrocarbon Processing met with Johan de Villiers, Senior Vice President, Global Energy Accounts, ABB, and Matt Healey, Managing Director, Pace CCS, to discuss the global carbon capture and storage market, the challenges involved in scaling up operations and building integrated hubs.
Solvay has signed a license agreement with Guangxi Chlor-Alkali Chemical which will enable the Chinese partner to build and operate a hydrogen peroxide mega-plant at Qinzhou designed to support its 300 kilotons propylene oxide production and other units on site.
This work provides details on how optimized project management can help companies minimize greenhouse gas emissions in capital projects and their supply networks. As explained, this approach is a significant opportunity that can be capitalized to further reduce not only emissions but also the cost and duration of project delivery.
Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.
Sempra announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure), reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.
ExxonMobil announced the successful startup of its Beaumont refinery expansion project, which adds 250,000 bpd of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. This is the largest refinery expansion in more than a decade will help meet growing demand for affordable, reliable energy.
LyondellBasell said it was exploring strategic options for its U.S. Gulf Coast-based ethylene oxide & derivatives business.