Economics
Business Trends: HPI construction: Capital expenditures remain above $1.8 T
As the hydrocarbon processing industry (HPI) nears the middle of 2019, Hydrocarbon Processing is providing an assessment of the global midstream/downstream processing industries’ capital investments.
Digital: Digitalize process plants for operational excellence
A large volume of data is generated during the operation of refining, petrochemical and fertilizer plants.
Executive Viewpoint: A vision for the refinery of 2030
The refining business needs to change dramatically over the next decade.
Africa: Financing Africa’s petrochemical projects
The financing of Africa’s petrochemicals industry expansion remains a key issue for a continent on which governments and the private sector are grappling with an infrastructure financing deficit of $130 B–$170 B, despite some investors having found options to fund their petrochemical projects.
Editorial Comment: Sustainability: The latest creation in advancing ideas
Over the past few months, Hydrocarbon Processing’s editorial staff has traveled thousands of miles to attend numerous conferences, events, users’ groups, groundbreakings, etc.
Digital: Cloud-based dynamic simulation models amplify operator training and safety programs
International oil and gas (O&G) and hydrocarbon processing industry (HPI) companies are under great pressure to be profitable.
Viewpoint: Downstream expansions will accelerate needed production growth
Two transformative drivers—global economic growth averaging more than 3%/yr and the world population expanding to more than 9 B by 2040—will have the net effect of adding another India and China to today’s global energy demand.
Asia: Japanese refining moves towards consolidation and increased efficiency
According to recent statements of leading Japanese analysts in the field of refining and the country’s largest producers, the Japanese refining industry is moving towards consolidation and an increase in efficiency.
Editorial Comment: Where some see roadblocks, we see opportunities
In the January issue of Hydrocarbon Processing, the editorial comment focused on the roadmap to advancing ideas.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
- Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows 5/13
- LanzaJet and BioD announce feasibility study for SAF plant in Colombia 5/13
- U.S. House targets big climate, clean energy rollbacks in budget proposal 5/13
- Chevron attempting to restart El Segundo, California refinery after taking units offline last week 5/13
- Mexico's Pemex plans to export less crude oil as new refinery starts up 5/13
- BASF is expanding its portfolio of raw materials for the production of concrete superplasticizers for the construction industry in the European market 5/13
