Economics
2012 petrochemical outlook: Middle East
Most of the Middle Eastern countries are looking to expand further into downstream petrochemicals as opposed to exporting the building blocks.
2012 petrochemical outlook: United States
The boom in oil and gas is creating both demand side (e.g., pipe mills, oilfield machinery) and supply-side (e.g., chemicals, fertilizers, direct iron reduction) opportunities.
HP Reliability: Avoid unnecessary developments
Innovative thinking is appropriate in the hydrocarbon processing industry, and tremendous forward movement has occurred over the past 30 years. Innovation is to be commended, unless we invent or disco..
HP Integration Strategies: Suppliers and users share responsibility for successful control-system migrations
Owner-operators and suppliers face many complex issues relative to when and how to migrate obsolete control systems and technology. ARC Advisory Group estimates that $65 billion of obsolete technology..
HP Insight: The HPI uses technology when solving global problems
Research and development (R&D) has been the platform to support new methods to process transportation fuels and petrochemical products from hydrocarbons. So, how much of the R&D was just straight rese..
Choose a facility configuration based on financial metrics
Linear program (LP) modeling can provide an unbiased, cost-based preview of a refinery or petrochemical plant design
Are you losing money when tuning controllers?
Here are 10 rules, if followed, that will result in poor process performance
HP Viewpoint: Cautious optimism for growth seen in US natural gas market
With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.
Manage risks with dividing-wall column installations
A simple auxiliary configuration and an extensive modeling study can mitigate the implementation risks of DWCs
HPI Market Data 2012 Executive Summary
THE NEXT STEPThe economic recovery continues for the global hydrocarbon processing industry (HPI). Energy drives economic growth. Unfortunately for developed nations, stronger economic recovery remain..
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