Project Management
HP Impact: Global oil flows shift from West to East
By 2020, crude oil trade flows west of Suez will drop by 4.2 MM bpd, while crude flows east of Suez will rise by 4.7 MM bpd (Fig. 1), according to a recently published report from ESAI Energy. The pri..
HP Impact: US demand for corrosion inhibitors to reach $2.5 billion
US demand for corrosion inhibitors is forecast to rise 4.1% per year to $2.5 billion in 2017, with volume demand approaching 1.7 billion pounds (Table 1). Growth will be driven by higher oil and natur..
KBR wins construction work for revamp, expansion of Texas ammonia furnace
KBR will provide turnaround construction and project management services for the shutdown, maintenance and retubing of the ammonia furnace scheduled to take place in August 2013. The plant turnaround services are expected to increase efficiencies and extend the operational life.
Foster Wheeler to consult with Apache Khalda on Egypt gas compression
Foster Wheeler will assist Apache Khalda in the management and administration of the EPC phase of the project as part of a joint project management team. The EPC phase is expected to be completed in the first quarter of 2015. Financial terms of the deal were not disclosed.
Shale energy resources driving resurgence for ethylene industry
The abundant supply of North American shale energy resources is proving to be not only a boon for exploration and production (E&P) companies and energy consumers, but it is also changing the profitabi..
North American olefin producers riding the shale gas wave
With the prospect of abundant low-cost ethane, several producers have announced intentions to build new ethylene capacity.
High-pressure polyethylene: Reemergence as a specialty chemical or not?
The analysis results indicate that, while investment capital for new plants favors LLDPE, plant profitability—which is a function of product slate (revenue) and cost—is, in many cases, higher for LDPE plants.
HPI Focus: New vs. debottlenecking projects
As most owners do not have adequately skilled engineering teams to study these scenarios, engaging an experienced, qualified engineering contractor to support the conceptual study is often warranted.
HP Boxscore Construction Analysis: Ethylene in evolution: 50 years of changing markets and economics
Ethylene is the key building block for the petrochemical industry. This olefin supports 70% of petrochemical industry production and is used to manufacture a wide variety of products for industrial an..
HP Brief
LyondellBasell plans to expand North American ethylene capacityLyondellBasell will raise its ethylene capacity in North America by 18% in coming years through several debottlenecking projects. Locatio..
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
