Petrochemicals
Engineering Case Histories: Case 90: Precautions when working near equipment
Most machines and pressure vessels are designed with safety in mind, but they can release large amounts of energy if not constructed, maintained or operated correctly.
Business Trends: Global petrochemical overview—Part 2
Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown on construction project numbers by region, as well as major trends in Africa, the Middle East and the US. Part 2 examines the landscape in Asia-Pacific, Canada, Europe and Latin America.
Industry Metrics
US refinery margins recovered as product markets were supported by strong domestic gasoline demand and temporarily tight sentiment fueled by the switch to summer-grade gasoline.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 300 new downstream projects have been announced around the globe over the past year.
People
Elliott Group has made changes to its executive team. Michael Lordi has been named as chief operating officer (COO), succeeding Art Titus, who is retiring after nine years.
Chemical companies see rosier results on low crude oil prices
Expectations for chemical sector earnings have been boosted by a combination of lower crude oil costs during the commodity's slump, along with strong demand for plastics.
Chinese group plans first private mega-project for refining, chemicals
Rongsheng has partnered with local firms, including a state-owned chemical producer, to build the complex, which would include a 400,000-bpd refinery and a 1.4-MMtpy ethylene plant.
Saudi Aramco sets financing for industrial push
Aramco's board approved an additional equity contribution for its Sadara petrochemical JV with US firm Dow Chemical , the Arabian Sun said, without disclosing the size of the capital injection.
GE to provide wastewater treatment for Chinese coal-to-chemical plant
GE’s ZLD evaporator and crystallizer system will eliminate liquid discharge of waste and enable water reuse at the Shaanxi Future Energy Chemical Co. coal-to-chemical plant in China.
Praxair to expand Louisiana carbon monoxide hub
The company will add a new, 13 million standard cubic feet/day carbon monoxide purification train at the site. Carbon monoxide is a raw material in the production of a range of specialty chemicals including those used to produce polyurethanes for the housing and auto industries.
- Hydrocarbon Processing launches AI platform to accelerate decisions in the downstream sector 7/7
- Digital Feature: The critical interdependency of relief valve analysis and flare system considerations during HAZOP 7/7
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia 7/7
- Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East 7/7
- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7
