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Economics

Hydrocarbon Processing Awards

<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the finalists for its third annual awards.

Modified shed decks tackle crude tower fouling problems

Valero Energy Corp.: Hanson, D.  |  Brown Burns, J.

Many tray designs have been complicated by the hunt for the “perfect distillation tray” design.

Business Trends: The new petrochemical market—Adapting to demand

Allegro Development Corp.: Murphy, R.

A bit of advice for players in the petrochemical market: Hold on to your hats!

Editorial Comment: A shift in capital? Petrochemical projects take lead in active project market share

Hydrocarbon Processing Staff: Nichols, Lee

In mid-June, I joined Thad Pittman, Senior Research Analyst, <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, to provide <i>Hydrocarbon Processing</i> subscribers with a global analysis on the downstream processing industry’s capital projects landscape.

Business Trends: US RPET and sustainability goals—a reality check

Wood Mackenzie: Bermish, M.

Three primary drivers exist for recycling polyethylene terephalate (PET) bottles.

Editorial Comment: Embracing uncertainty for a better tomorrow

Hydrocarbon Processing Staff: Nichols, Lee

The downstream processing industry is changing.

Adapting and prospering in the energy transition

Yokogawa Corp. of America: Hasegawa, K.  |  Shire, T.

The energy transition is gathering momentum as pressure from society leads policy makers and investors to demand faster and deeper cuts to carbon dioxide (CO2) emissions from all industrial sectors.

The greening of the downstream industry: A carbon investment case for clean refining

Meridian Energy Group: Fonda, M.

<i>Hydrocarbon Processing</i> was pleased to speak recently with Mark Fonda, Executive Vice President, Engineering and Chief Technical Officer for Meridian Energy Group, which is building two grassroots refineries in the US.

Electric vehicles are coming, but their impact will be evolutionary, not revolutionary

KBC Advanced Technologies, Inc.: George, S.  |  Routt, M.

Alternatively fueled vehicles (AFVs) are getting plenty of press these days, but their market penetration is still a long way from critical mass.

Set refinery profitability goals

Graham Corp.: Johnson, A.  |  Johnson, E.
Process Improvement Engineering: Lieberman, N.

While the ultimate purpose of operating a refinery is to produce gasoline, diesel or asphalt, key objectives include improving return on investment (ROI), net profitability and cash flow.