Economics
HP Engineering Case Histories: Case 84: Remaining service life of plant equipment can be determined
For new plant machines and equipment, the life expectancy is determined by the original equipment manufacturer (OEM). Yet, different analysis techniques are often required in a failure analysis. In a ..
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
Safety and environmental updates for HPI storage tanks
   © leungchopan—Shutterstock.com Storage tanks are common in any hydrocarbon processing industry (HPI) facility or receiving/shipping terminal. Crude oil, refined produc..
Shintech commits to new US Gulf ethane cracker, contracts Toyo, CB&I
The new facility will use the licensed ethylene technology by Lummus Technology. The produced ethylene will be supplied as feedstock to Shintech’s existing PVC resin production facilities.
Asian partners mull building Ohio ethane cracker
With a site for the ethane cracker now selected, PTTGC and Marubeni will take the next 12-to-16 months to complete the detailed engineering design and permitting at the Ohio site.
Braskem, Odebrecht put US ethane cracker plans on hold, citing markets
In a joint statement, Braskem and Odebrecht confirmed to media outlets that the delay is necessary due to present energy market conditions.
Top seven causes for lost olefin production
Long-term trends in production losses, showing total loss production measured in seven biennial studies, are discussed in this article to determine if these losses are increasing or decreasing over time.
Use vapor distributors to improve fractionation column performance
Vapor distribution has often been neglected in fractionation columns. Although the importance of liquid distribution is well understood and has been a consideration in column design from the early sta..
Bolivia expands petrochemical capability with Bulo Bulo ammonia complex
The Bulo Bulo ammonia-urea facility will be Bolivia’s first petrochemical venture. This new facility is expected to produce sufficient urea/ammonia supplies for domestic demand and will provide surplus product for export.
US petrochemical construction boom and refining margins cushion profits
Domestic refiners and petrochemical producers will face changing supply and demand conditions, particularly as the sharp decrease in oil prices influences drilling decisions.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
