Business Trends: Global refining overview—Part 2
Hydrocarbon Processing continues its series on the global refining industry.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Global Project Data
New project announcements have hovered in the low teens for several months.
Innovations
Where large machines are in use and the overall processes depend on a smoothly functioning plant, companies often rely on fixed maintenance schedules and diagnostic tools.
People
Dr. Christoph Wegner will become president of BASF’s Information Services and Supply Chain Operations division, effective December 1, 2016.