Construction
HP Forecast: HPI Market Data 2013 Executive Summary
ENERGY TIME: CHARTING A COURSE FOR THE FUTUREThe hydrocarbon processing industry (HPI) is a global business with a 100-year history. Much has changed since the early days when crude oil was stripped t..
HP Construction: North America
Westlake Chemical Corp. will perform planned maintenance and an expansion of the Petro 2 ethylene unit at its complex in Lake Charles, Louisiana, in the first quarter of 2013. This expansion will incr..
HP Construction: South America
ICA Fluor, the industrial engineering partnership of Fluor and Empresas ICA, is part of the joint venture (JV) that was awarded a multibillion-dollar engineering, procurement and construction contract..
HP Construction: Europe
Alfa Laval has won an order for compact heat exchangers from a refinery in Russia. The order, valued at approximately SEK 70 million, was booked late September 2012, and delivery is scheduled for 2013..
HP Construction: Middle East
JGC Corp.’s wholly owned Saudi Arabian subsidiary, JGC Gulf International Co. Ltd., has been awarded a contract for an aromatics plant project from Sadara Chemical Co. (Sadara), a joint venture b..
HP Construction: Asia-Pacific
KBR was awarded a license and process-design package contract for a new olefins-recovery unit in Yulin, Shaanxi Province, China.The client owns an existing commercial plant of coal-to-olefins, which w..
South America: Argentina
For nine consecutive years (2003–2011), the Argentinean gross domestic product (GDP) continued to increase at an impressive annual rate of 7% to 8%. However, this trend was expected to change in ..
Europe: Germany
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
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