Petrochemicals

The EPC executive’s challenge and opportunity: Navigating the sustainability shift in capital projects

Beck, R., Aspen Technology Inc.

According to an industry report published by McKinsey and Co., accelerating the decarbonization of the U.S. economy to achieve net-zero targets by 2050 will require approximately $275 T of cumulative capital spending over the next 30 yr.1

Business Trends: The economics of reliability: Global chemicals

Krimmel, J., Pinnacle

Chemical manufacturers worldwide are navigating an inflection point. Following the pandemic-fueled demand crash of 2020, a strong but stilted recovery unfolded in 2021.

Industry Perspectives: 1Q project announcements this year down vs. 1Q 2021

Nichols, Lee, Hydrocarbon Processing Staff

New capital project announcements are down 27% in 1Q 2022 vs. 1Q 2021.

Editorial Comment: Advancing maintenance ultimately leads to increased reliability

Nichols, Lee, Hydrocarbon Processing Staff

This year, Hydrocarbon Processing is celebrating its 100th anniversary. Throughout this year, the editors are publishing excerpts from past issues.

Global Project Data

Nichols, Lee, Hydrocarbon Processing Staff

Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 projects around the world, totaling more than $1.8 T in active capital project investments.

Business Trends: The big data tools and related professional competencies required in the chemical industry

Khan, A., Manzoor, M., Saudi Aramco

Big data is making tremendous changes in various sectors of the economy, and chemical industries can now leverage these new advancements.

Sustainability: Staying ahead of environmental, social and governance goals

Ofori, B., Emerson Automation Solutions

Investing in firms that champion environmental, social and governance (ESG) issues (TABLE 1) has been discussed for decades but is now moving to the forefront of corporate initiatives.

Enhance aromatics production with concurrent reduction of environmental footprint—Part 2

Part 1 of this article (October 2021) discussed how catalytic reforming processes produce olefin contaminants in aromatics streams via paraffin dehydrogenation side reactions.

History of the HPI: The 1940s: Global conflict, FCC, 100 octane, synthetic rubber—Wartime necessitates advancing technologies

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing continues its look at the history of the hydrocarbon processing industry (HPI).

HP Flashback: Operations expand and technologies advance during global conflict: Excerpts from the 1940s

Nichols, Lee, Hydrocarbon Processing Staff

This articles details several case studies on the use of x-ray technology for inspection purposes. This includes for the inspection of casings, forgings and welded structures, among others.