According to an industry report published by McKinsey and Co., accelerating the decarbonization of the U.S. economy to achieve net-zero targets by 2050 will require approximately $275 T of cumulative capital spending over the next 30 yr.1
Chemical manufacturers worldwide are navigating an inflection point. Following the pandemic-fueled demand crash of 2020, a strong but stilted recovery unfolded in 2021.
New capital project announcements are down 27% in 1Q 2022 vs. 1Q 2021.
This year, Hydrocarbon Processing is celebrating its 100th anniversary. Throughout this year, the editors are publishing excerpts from past issues.
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 projects around the world, totaling more than $1.8 T in active capital project investments.
Big data is making tremendous changes in various sectors of the economy, and chemical industries can now leverage these new advancements.
Investing in firms that champion environmental, social and governance (ESG) issues (TABLE 1) has been discussed for decades but is now moving to the forefront of corporate initiatives.
Part 1 of this article (October 2021) discussed how catalytic reforming processes produce olefin contaminants in aromatics streams via paraffin dehydrogenation side reactions.
Hydrocarbon Processing continues its look at the history of the hydrocarbon processing industry (HPI).
This articles details several case studies on the use of x-ray technology for inspection purposes. This includes for the inspection of casings, forgings and welded structures, among others.