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HP Forecast: HPI Market Data 2014 Executive Summary

Hydrocarbon Processing Staff: Romanow, Stephany  |  DuBose, Ben  |  Blume, Adrienne

This summary provides a "sneak peek" at Hydrocarbon Processing's HPI Market Data 2014. This comprehensive report investigates present and projected future trends in refining, natural gas and petrochemical industries. Topics include spending forecasts and construction projects derived from HP's Construction Boxscore database; global and regional changes in energy production and use; and developments in oil and natural gas processing. HPI Market Data 2014 also covers trends in economics, plant safety and the environment. This annual report is the hydrocarbon processing industry's premier source of market information for professionals working in the downstream.

Brazil’s Odebrecht mulls new ethane cracker, PE complex in West Virginia

The complex, named the Ascent — Appalachian Shale Cracker Enterprise, would include the ethane cracker, three polyethylene plants, and infrastructure for water treatment and energy co-generation.

HP Industry Perspectives: Is it too early to be optimistic for 2014?

Hydrocarbon Processing Staff: Romanow, Stephany

The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extrac..

HP Brief

Hydrocarbon Processing Staff: Thinnes, Billy

LNG terminal to be built in Uruguay GDF Suez has signed a 15-year contract with Gas Sayago for LNG storage and regasification services in Uruguay. Commercial operation of the new terminal is expected ..

HP Impact: Unconventional oil and gas to boost US trade position

Hydrocarbon Processing Staff: Thinnes, Billy

The economic and employment contributions from US unconventional oil and gas production are now being felt throughout the US economy, increasing household incomes, boosting trade and contributing to a..

Chevron Phillips sells China polystyrene business

“The polystyrene plant is a productive and valued asset, but as a standalone operation for Chevron Phillips Chemical in China, the company has determined the asset is not a strategic fit,” said Dan Coombs, senior vice president of specialties, aromatics and styrenics for Chevron Phillips Chemical.

Global HPI spending likely to jump 15% in 2014

HP Editorial Staff: HP News

Newfound optimism stems from rising availability of gas supplies in several nations, rich shale reserves in North America, and a new expansion wave for petrochemicals.

Eastman to expand Texas City plasticizers plant

The expansion at the Texas City site will increase the overall capacity of Eastman 168 by about 15% and is expected to be operational by mid-2014. Investment terms were not disclosed.

PolyOne expands India operations with new plant

The new PolyOne facility in Pune, India, will operate development labs and the sales and customer service center for the broader region. It is expected to open in the first quarter of 2014.

Dow Chemical to sell polypropylene catalysts business to Grace

HP Editorial Staff: HP News

The sale includes Dow’s polypropylene catalysts manufacturing plant at Norco, Louisiana, as well as all customer contracts, licenses, intellectual property and inventory.