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Dr. Béla Kelemen has been named President of the European Petroleum Refiners Association for the next 2-yr term.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking nearly 350 downstream projects with capital expenditures (CAPEX) of $1 B or greater.
Business Trends: Ethylene production economics from optional feedstocks
The petrochemicals industry is witnessing enormous growth worldwide. Ethylene is produced by cracking a range of hydrocarbons. Naphtha is the main raw material used in European and Japanese crackers, while the US utilizes ethane as its primary feedstock.
Industry Perspectives: The global reach of Hydrocarbon Processing
Since the beginning of this year, Hydrocarbon Processing has published more than 200 articles and columns. These publications include technical and trends-based articles on the hydrocarbon processing industry (HPI) within the magazine, online, in show dailies, etc.
Supply Chain: Rail’s speed of change is all about efficiency
Railroads have long played a major role in safely and efficiently moving freight from origin to destination. However, for more than a decade, they have faced declines and slow growth in coal and other bulk commodities transported by carload service.
Global: Russian oil majors eye Western expansion
Amid declining profits in the domestic market, Russia’s national oil company and leading oil producer, Rosneft, is considering expanding in the European Union (EU) and US refining markets.
Editorial Comment: Is the industry ready for IMO 2020?
In mid-July, hydrocarbon processing industry (HPI) professionals from around the world met in Houston, Texas for Hydrocarbon Processing’s International Petrochemical and Refining Conference (IRPC).
Honeywell completes acquisition of cyber security company
MORRIS PLAINS, N.J. — Honeywell announced that it has completed its acquisition of Nextnine Ltd., which was announced on June 13.
Refiner Phillips 66 quarterly profit beats estimates
(Reuters) — US independent oil refiner Phillips 66 reported a bigger-than-expected rise in quarterly profit helped by strength in its chemicals and refining units.
Icahn's biofuel bet faces significant headwinds
NEW YORK (Reuters) — Billionaire investor Carl Icahn's multimillion-dollar bet against US biofuel prices is looking increasingly risky in the wake of a Friday court ruling that will likely boost the cost of complying with the program.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
