Naphtha
Industry Metrics
Asian margins showed a strong recovery due to higher winter heating fuel demand, supporting middle distillate crack spreads.
Improve refinery margins with new crude selection concept
A refinery with an active crude selection strategy encompassing dedicated staff, preapproval of all new crudes and an updated crude acceptance window can gain $0.5/bbl–$1/bbl vs. a more passive strategy.
Improve refinery flexibility and responsiveness
The hydrocarbon processing industry (HPI) has changed significantly with an abundance of available discounted crude oils, a rise in markets served beyond the traditional local or regional demands, and a renewed focus on being both competitive and profitable while complying with ever-changing regulations.
HP Industry Metrics
Refinery utilization rates in the US, encouraged by the high driving season demand, continued to rise following the end of the heavy maintenance season. Regional demand in Asia continued lending suppo..
China’s ‘energy revolution’ strives for sustainable growth
China's energy demand, particularly for petroleum and other liquids, is rapidly increasing as its industrial and transportation infrastructures expand.
HP Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
HP Innovations
What's new in HPI innovations
HP News
UAE FCC catalyst manufacturing facility completes Phase 1W. R. Grace & Co. and JV partner Al Dahra Agriculture Co. marked the commissioning of a new catalyst logistics silo terminal (pictured) and the..
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
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..
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
