Americas
Celanese opens Mexico chemical technology hub
The new center will support the automotive, consumer, petrochemical and aerospace industries, as well as original equipment manufacturers and their tier suppliers.
VMG forms process technology alliance with Optimized Gas Treating
VMG’s comprehensive process modeling capabilities are being coupled with OGT’s best-in-class simulation technology for gas treating processes.
CB&I wins early works contract for Axiall, Lotte’s Louisiana ethane cracker
The companies are evaluating the construction of a cracker with the capacity to produce 1-million tpy of ethylene employing CB&I's latest, proven ethylene technology, including highly selective SRT cracking heaters and its innovative recovery section design.
API: New EIA report shows US crude oil exports could lower fuel costs
“The EIA report provides a final, non-partisan confirmation that ‘70s-era trade restrictions on US oil are bad for American consumers,” said Kyle Isakower, the API's vice president of regulatory and economic policy.
CB&I lands $70M in US contracts for LPG storage
"CB&I has been providing work for large scale projects associated with these customers for the last three years," said Luke Scorsone, president of CB&I's fabrication dervices operating group.
Central America: A downstream outlook to 2020
Due to the growth in the region’s middle class, Latin America has seen tremendous petroleum products demand growth over the past decade.
Determine fouling margins in tubular heat exchanger design
Fouling, which is caused mainly by the deposition and accumulation of an undesired layer of solids on a heat transfer surface, is very common in tubular heat exchangers.
Improve refinery flexibility and responsiveness
The hydrocarbon processing industry (HPI) has changed significantly with an abundance of available discounted crude oils, a rise in markets served beyond the traditional local or regional demands, and a renewed focus on being both competitive and profitable while complying with ever-changing regulations.
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
New projects decline, but backlog holds strong
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
