Petrochemicals
People
Elliott Group has appointed Mark Babyak as VP of its cryodynamic products business, formerly the cryodynamics division of Ebara Intl. Corp.
Innovations
Carboline has released Carboquick® 200, a high-build, one-coat, quick-drying polyaspartic coating that can be applied directly to metal.
Global Project Data
According to <i>Hydrocarbon Processing</i>’s Construction Boxscore Database, nearly 150 new projects have been announced in the downstream processing industries this year.
Industry Metrics
With the exception of fuel oil, US product markets showed losses against pressure from across the barrel and high crude oil prices.
Industry Perspectives: The latest advancements in refining/petrochemical technologies on display
From September 25–26, Hydrocarbon Processing will bring its International Refining and Petrochemical Conference (IRPC) back to the US.
Viewpoint: The need for change—Why the industry is looking at crude-to-chemicals
As the world’s population increases and living standards continue to improve, the demand for energy and chemicals is stronger than ever before.
Industry Forecast: MCAA market forecast projects industry to hit $16 B by 2022
The 2017 process instrumentation and automation (PI&A) market in the US, valued at $13.4 B, is projected to grow 3.7% by 2022 to a total of $16 B.
Digital: Improve chemical production with the IoT
If chemical companies want to remain competitive and move forward in a changing world, they must rapidly adopt innovative technologies.
Ensure a truly rigorous relief valve sizing method
Pressure relief valves (PRVs) protect equipment from excessive overpressure and, in case of emergency situations, they should ensure a sufficient discharge of mass to reduce the pressure below the recommended pressure limits.
Valves Outlook
Although overall industry growth is not substantial from 2017 to 2018, it translates to $66 MM more in valve shipments for the year, which is a positive sign for the industry.
- 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
