Petrochemicals
Viewpoint: Downstream expansions will accelerate needed production growth
Two transformative drivers—global economic growth averaging more than 3%/yr and the world population expanding to more than 9 B by 2040—will have the net effect of adding another India and China to today’s global energy demand.
Reliability: Safe fluid machines are our responsibility
Early in our training as engineers, we developed the ability to collect and evaluate data.
Editorial Comment: Where some see roadblocks, we see opportunities
In the January issue of Hydrocarbon Processing, the editorial comment focused on the roadmap to advancing ideas.
People
Geoffrey Somary has been named CEO of Ipsen Group worldwide, succeeding Thorsten Krüger, who will move to the company’s advisory board. Since 2005, Mr. Somary has held several senior positions within Ipsen.
Innovations
Industrial workers can strengthen their grasp of production and make more informed operating decisions with the new Allen-Bradley CompactLogix 5480 controller by Rockwell Automation.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,300 projects around the world.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
Selection of cooling water system for gas, petroleum and petrochemical plants located on coastline - Part 1
Cooling water systems play an important role in today’s industry.
Comparative analyses of common project execution alternatives
With major projects (FIG. 1), alternatives are generally considered in overall project execution and in construction.
Industry Metrics
All main US products performed positively as refinery product outputs declined considerably and led to a fall in inventory levels, fueling bullish sentiment.
- 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
