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March 2016

Trends and Resources

Business Trends

This month’s Business Trends focuses on five major trends affecting the downstream industry. These include: a forecast on global demand for industrial valves to 2020, how the approval of Chinese teapot refinery crude import licenses could lead to a fuel supply glut, the surge in US ammonia and urea plant construction, the start of Nigeria’s DSDP program and the consolidation of Japan's refining industry.

Hydrocarbon Processing Staff: Nichols, Lee
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