In the wake of an extraordinary year marred by the impact of the COVID-19 pandemic, the author’s company released the results of its 2021 Operational Risk Management Survey1 of executives, a barometer of the topics that dominate boardroom discussions around the world.
Each year, the editors of Hydrocarbon Processing provide the latest trends and spending forecast for the hydrocarbon processing industry (HPI).
Details on high-impact refining and petrochemical projects, as chosen by HP editors and readers
Petrochemical plants and refineries face production and profitability challenges on multiple fronts.
The reaction section of a hydrocracker unit has three reactors configured in two stages.
Fluidized catalytic cracking units (FCCUs) form coke during the reaction that combusts in the regenerator and supplies heat for the process.
Data provided by Global Energy Infrastructure.
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 projects around the world. At 40%, the Asia-Pacific region holds the largest market share in total active projects followed by the Middle East and the U.S. These three regions represent nearly 70% of all active projects in the hydrocarbon processing industry.
New project announcements, April 2020–June 2021
Active project market share by activity level
For additional downstream construction project data, visit Construction Boxscore.