Economics
HP Editorial Comment: The last word
Throughout this year, Hydrocarbon Processing (HP) has investigated the last 90 years of the hydrocarbon processing industry (HPI) through its monthly editorial, Insight. The HPI has a rich history; th..
HP Brief: Brief
Gulf Coast hydrogen pipeline unveiledAir Products recently completed its 600-mile Gulf Coast Connection Pipeline (GCCP) project and also started up operations at a dynamic customer service center.The ..
HP Impact: Production of biofuels made from algae poses sustainability concerns
Scaling up the production of biofuels made from algae to meet at least 5% (approximately 39 billion liters) of US transportation fuel needs would place unsustainable demands on energy, water and nutri..
HP Impact: US energy independence vs. energy security
The Deloitte Center for Energy Solutions recently released a report, “Energy independence and security: A reality check,” which examines whether or not energy independence is necessary to ac..
HP Impact: Scottish distillers jump on natural gas bandwagon
The excitement about natural gas as a useful industrial tool has spread to the Scottish countryside. A collection of whisky distillers in the Speyside area of Scotland plans to invest £7.6 MM to ..
HP Forecast: HPI Market Data 2013 Executive Summary
ENERGY TIME: CHARTING A COURSE FOR THE FUTUREThe hydrocarbon processing industry (HPI) is a global business with a 100-year history. Much has changed since the early days when crude oil was stripped t..
South America: Argentina
For nine consecutive years (2003–2011), the Argentinean gross domestic product (GDP) continued to increase at an impressive annual rate of 7% to 8%. However, this trend was expected to change in ..
Europe: Germany
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
- Methanex to indefinitely idle 860,000-tpy Trinidad and Tobago methanol plant 6/30
- Several injured in fire at Haldia Petrochemicals' plant in eastern India 6/30
- Shell forecast: Global LNG demand expected to grow by 65% by 2050 6/30
- INEOS Enterprises completes sale of its ultra-pure sulfur dioxide and derivatives business to Ecovyst 6/30
- Neste to invest over €400 MM in Porvoo refinery maintenance turnaround 6/30
- Middle East producers push on with oil and LNG loadings despite ship attacks 6/30
