Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,600 projects around the world. Due to the COVID-19 virus, new capital projects have seen a significant drop over the past few months—falling from nearly 30 in February to between 11 and 13 since March. Many new projects are focused on increasing plant efficiency and/or optimizing production and processing flexibility. Although dozens of capital projects around the world have been delayed or deferred, many projects “under construction” are slowly restarting work; although many are deploying a reduced workforce to maintain safety and social distancing. HP
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