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HP Impact: US energy independence vs. energy security
The Deloitte Center for Energy Solutions recently released a report, “Energy independence and security: A reality check,” which examines whether or not energy independence is necessary to ac..
HP Impact: Scottish distillers jump on natural gas bandwagon
The excitement about natural gas as a useful industrial tool has spread to the Scottish countryside. A collection of whisky distillers in the Speyside area of Scotland plans to invest £7.6 MM to ..
HP Forecast: HPI Market Data 2013 Executive Summary
ENERGY TIME: CHARTING A COURSE FOR THE FUTUREThe hydrocarbon processing industry (HPI) is a global business with a 100-year history. Much has changed since the early days when crude oil was stripped t..
HP Associations: Gastech examines natural gas potential for all sectors
For four days in October, Hydrocarbon Processing was on call at the Gastech Conference and Exhibition in London. The magazine’s editorial staff was selected to produce the official show daily new..
HP Construction: Europe
Alfa Laval has won an order for compact heat exchangers from a refinery in Russia. The order, valued at approximately SEK 70 million, was booked late September 2012, and delivery is scheduled for 2013..
HP Construction: Middle East
JGC Corp.’s wholly owned Saudi Arabian subsidiary, JGC Gulf International Co. Ltd., has been awarded a contract for an aromatics plant project from Sadara Chemical Co. (Sadara), a joint venture b..
South America: Argentina
For nine consecutive years (2003–2011), the Argentinean gross domestic product (GDP) continued to increase at an impressive annual rate of 7% to 8%. However, this trend was expected to change in ..
Europe: Germany
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
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