Petrochemicals
Digital: Improve chemical production with the IoT
If chemical companies want to remain competitive and move forward in a changing world, they must rapidly adopt innovative technologies.
Ensure a truly rigorous relief valve sizing method
Pressure relief valves (PRVs) protect equipment from excessive overpressure and, in case of emergency situations, they should ensure a sufficient discharge of mass to reduce the pressure below the recommended pressure limits.
Valves Outlook
Although overall industry growth is not substantial from 2017 to 2018, it translates to $66 MM more in valve shipments for the year, which is a positive sign for the industry.
Construction
Toyo Engineering (Toyo) was awarded a contract to deliver a large-scale steam cracker complex in Malaysia.
Cybersecurity
Unfortunately, nation states appear to be launching cybersecurity attacks on other nation states.
Editorial Comment
In early June, Hydrocarbon Processing and Eni—an Italian multinational oil and gas company—hosted the annual International Refining and Petrochemical Conference (IRPC) in Milan, Italy.
Global Project Data
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,600 projects around the world, representing more than $1.8 T in capital expenditures.
Business Trends
It is never a good sign when a piece of equipment exhibits unsafe behaviors—such as large, unexpected vibrations, or cracks forming around instrument ports—particularly in the thermal reactor of a sulfur plant, where high-temperature gaseous streams chemically react as part of the process that produces elemental sulfur.
Develop competence in the process industry with a digitalized operator learning path
Industrial digitalization is changing the standards for operator training in the global process industry.
Digitalization for the refinery and plant of the future
Hydrocarbon Processing Industry (HPI) companies are using digitalization in concert with improved processes and skills to squeeze more productivity from existing assets.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
