Construction
In-depth and preemptive front-end planning yields positive project results
Despite the challenges that major projects can present (short deadlines, budget constraints and overruns, unforeseen problems onsite and tension throughout executive teams), they can also prove to be a win-win for both the owner and the engineering, procurement and construction (EPC) firm.
Business Trends: Global petrochemical overview—Part 1
This series examines the global petrochemical landscape, new project developments and regional outlooks.
Global Project Data
This month’s installment of Global Project Data focuses on the global petrochemical sector.
Intrexon opens California GTL pilot plant
The methanotroph bioconversion platform is designed to generate high-value products from natural gas, the most inexpensive carbon source that can be used for industrial fermentation.
Central American nations beef up import infrastructure, fuel production amid demand shift
   Methanex’s methanol facility in Trinidad.
Business Trends: Special report--Global LNG overview
Liquified natural gas is forecast to become one of the most valuable commodities in the world.
Global Project Data
According to <i>Hydrocarbon Processing's</i> Construction Boxscore Database, new project announcements averaged approximately 25 per month in 2015.
Lotte Chemical awards $365MM contract to CB&I for Louisiana MEG project
The monoethylene glycol (MEG) facility will be located adjacent to the new ethane cracker, as recently announced by a joint venture between Axiall and Lotte Chemical.
HP Global: Forthcoming tax hike could hamper Russian refining
Russia plans to increase the volume of oil it refined this year, despite Western sanctions and the ever-deteriorating business environment, according to an official spokesperson for Alexander Novak, Russia’s minister of energy.
Pemex awards EPC work to ICA Fluor to upgrade Tula refinery at Hidalgo
Once the upgrade is completed, the refinery’s processing capacity will increase from 315,000 bpd to 340,000 bpd. The project’s mechanical completion is scheduled for the second quarter of 2018.
- AnalytiChem launches CONOSTAN® GC standards range for fuel testing 8/4
- AMETEK introduces Grabner Vision Pro Series with next-generation performance in fuel analysis 8/4
- Motiva plans to begin FCCU restart at Texas (U.S.) refinery on Wednesday 8/4
- EPA gives Delek refinery biofuel relief, finds HF Sinclair petitions ineligible 8/4
- Brazil implements temporary 32% ethanol blend in gasoline 8/4
- Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF 8/3
