Construction
Business Trends: Global petrochemical overview—Part 1
This series examines the global petrochemical landscape, new project developments and regional outlooks.
Global Project Data
This month’s installment of Global Project Data focuses on the global petrochemical sector.
Intrexon opens California GTL pilot plant
The methanotroph bioconversion platform is designed to generate high-value products from natural gas, the most inexpensive carbon source that can be used for industrial fermentation.
Central American nations beef up import infrastructure, fuel production amid demand shift
   Methanex’s methanol facility in Trinidad.
Business Trends: Special report--Global LNG overview
Liquified natural gas is forecast to become one of the most valuable commodities in the world.
Global Project Data
According to <i>Hydrocarbon Processing's</i> Construction Boxscore Database, new project announcements averaged approximately 25 per month in 2015.
Lotte Chemical awards $365MM contract to CB&I for Louisiana MEG project
The monoethylene glycol (MEG) facility will be located adjacent to the new ethane cracker, as recently announced by a joint venture between Axiall and Lotte Chemical.
HP Global: Forthcoming tax hike could hamper Russian refining
Russia plans to increase the volume of oil it refined this year, despite Western sanctions and the ever-deteriorating business environment, according to an official spokesperson for Alexander Novak, Russia’s minister of energy.
Pemex awards EPC work to ICA Fluor to upgrade Tula refinery at Hidalgo
Once the upgrade is completed, the refinery’s processing capacity will increase from 315,000 bpd to 340,000 bpd. The project’s mechanical completion is scheduled for the second quarter of 2018.
Fluor erects tallest lift for new CPChem cracker
Over the past three months, Fluor has executed nine mega-lifts at the site by erecting the major pieces of equipment that will be used in the plant’s operations. Each lift was more than 275 tons.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
