Carbon Management

Executive Viewpoint: Fuels and petrochemicals will continue to help humanity thrive

A 15-yr rise in U.S. exports of refined products continued in 2019 with the nation exporting more than ever, underscoring the importance of these products to fueling a growing world. In the latter half of the last decade, U.S. petrochemical production capacity increased—with more than $20 B invested in domestic petrochemical projects in the last 2 yr alone—and exports of petrochemicals and petrochemical feedstocks rose, as well.

Brazilian developments in the biofuels market

Since the 1970s, Brazil has been a world reference in automotive biofuels, especially bioethanol produced from sugarcane. In 1973, the Organization of the Petroleum Exporting Countries (OPEC) forced a sharp rise in oil prices, triggering a massive slowdown in the country’s economic growth, which had been going through what was dubbed the “economic miracle,” with growth at an average of 12% of GDP. This study gives an overview of the biofuel sector in Brazil, along with the main business challenges and opportunities in this area.

Circular economy: Getting in the door of opportunity ahead of a vanishing polymer market

Significant change is coming to the hydrocarbons industry. Up to 43% of the global conventional polymer production expected by 2040 may disappear due to circular economy (CE) initiatives. In addition, due to the growth in wind turbines and solar panels, and in lightweight composite materials in cars and planes, advanced materials waste is just beginning.

Editorial Comment: Processing a sustainable future

An emerging topic along the entire oil and gas value chain is the move toward <i>sustainability.</i> Each company has a somewhat different definition of what sustainability means to its operations.

Onsite

Can ammonia be a future energy storage solution?

Ammonia is well known as a fertilizer. However, it is also a potential carbon-free fuel and an excellent solution for storage of renewable electricity, especially if the syngas needed for producing the ammonia is made by electrolysis.

HP Top Project Awards

The editors of <i>Hydrocarbon Processing</i> have identified nine projects that are anticipated to significantly impact the global or regional downstream industries. The winners and nominees of the HP Top Project awards will have a considerable impact on the HPI, whether through CAPEX, satisfying domestic or regional demand, diversifying product offerings, or adding to the resurgence in refining and/or petrochemical processing capacity.

When digital transformation hits all four sustainability buckets

Sustainability is emerging as a critical business topic, as many companies focus resources toward lowering emissions, waste and energy use in their production processes. This important concept can apply broadly to company operations, especially when considering the expansive view of the triple bottom line that measures the impact of company operations on profits, people and the planet.

Diversifying the future: Incentives for worldwide adoption of renewable fuels and chemicals—Part 2

Bio-based, renewable fuels and chemicals can reduce the environmental footprint of maintaining global transportation and product demands, while also offering supplementation of traditional fossil fuels in a global environment with increasing energy demand. The renewable energy sector is large and growing rapidly.

Hydrocarbon Processing Awards Winners

<i>Hydrocarbon Processing,</i> the downstream processing sector’s leading technical publication, has announced the winners for its third annual awards. The <i>HP</i> Awards celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.