HP Editorial Comment: Change is redefining the petrochemical industry

Romanow, Stephany, Hydrocarbon Processing Staff

The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.

HP Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..

Marathon finishes new Kentucky refinery splitter

The new unit, which will split the ultralight crude into naphtha and other feedstocks at the company's 242-Mbpd refinery in Catlettsburg, Kentucky, is in the last stages of construction.

Top seven causes for lost olefin production

Cagnolatti, C. L., HSB Solomon Associates LLC

Long-term trends in production losses, showing total loss production measured in seven biennial studies, are discussed in this article to determine if these losses are increasing or decreasing over time.

Bolivia expands petrochemical capability with Bulo Bulo ammonia complex

Nogarin, M., Contributing Writer

The Bulo Bulo ammonia-urea facility will be Bolivia’s first petrochemical venture. This new facility is expected to produce sufficient urea/ammonia supplies for domestic demand and will provide surplus product for export.

HP Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

US commercial crude oil inventories are at elevated levels and are expected to increase. Lower crude oil prices have supported consumption in developed economies, removed budgetary constraints in emer..

Improve the operation of fired heaters

Malhotra, K., S & B Engineers and Constructors Ltd.

Fired heaters or “process furnaces” are used extensively by the refining and petrochemical industries. These heat transfer units generate the much needed process energy through the combustio..

Shale oil characterization optimizes refining process

Sayles, S., KBC Advanced Technologies, Inc.

The abundance of shale oils is an unexpected gift for US refiners. These new crude oils have different characteristics from conventional oils that will affect refining processes and the operation of p..

HP Editorial Comment: Downstream has good news for 2015

Romanow, Stephany, Hydrocarbon Processing Staff

The outlook is optimistic for downstream companies. Independent refiners are positive on present and future demand for transportation fuels.

HP Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

The global market is experiencing a potential temporary recovery from a prolonged decline, possibly followed by the continuation of the downtrend. This is reflected in continued growth in the US tight..