Petrochemicals
Industry Perspectives: The latest advancements in refining/petrochemical technologies on display
From September 25–26, Hydrocarbon Processing will bring its International Refining and Petrochemical Conference (IRPC) back to the US.
Viewpoint: The need for change—Why the industry is looking at crude-to-chemicals
As the world’s population increases and living standards continue to improve, the demand for energy and chemicals is stronger than ever before.
Industry Forecast: MCAA market forecast projects industry to hit $16 B by 2022
The 2017 process instrumentation and automation (PI&A) market in the US, valued at $13.4 B, is projected to grow 3.7% by 2022 to a total of $16 B.
Digital: Improve chemical production with the IoT
If chemical companies want to remain competitive and move forward in a changing world, they must rapidly adopt innovative technologies.
Ensure a truly rigorous relief valve sizing method
Pressure relief valves (PRVs) protect equipment from excessive overpressure and, in case of emergency situations, they should ensure a sufficient discharge of mass to reduce the pressure below the recommended pressure limits.
Valves Outlook
Although overall industry growth is not substantial from 2017 to 2018, it translates to $66 MM more in valve shipments for the year, which is a positive sign for the industry.
Construction
Toyo Engineering (Toyo) was awarded a contract to deliver a large-scale steam cracker complex in Malaysia.
Cybersecurity
Unfortunately, nation states appear to be launching cybersecurity attacks on other nation states.
Editorial Comment
In early June, Hydrocarbon Processing and Eni—an Italian multinational oil and gas company—hosted the annual International Refining and Petrochemical Conference (IRPC) in Milan, Italy.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,600 projects around the world, representing more than $1.8 T in capital expenditures.
- BASF starts up the world’s first production plant for 3D-printed catalysts in Ludwigshafen 3/19
- Haffner Energy receives rapid bookings for CORE100 clean-fuel production units 3/19
- ABB launches EmissionVision to automate advanced gas leak detection 3/19
- Ebara Elliott Energy partners with NuScale Power for use of advanced nuclear technology to power petrochemical plants 3/19
- bp agrees to sell 12-MMtpy Gelsenkirchen refinery to Klesch Group 3/19
- Sumitomo Corporation, “K” LINE and NYK Line conclude MoU for new build ammonia bunkering vessel operation in Singapore 3/19
