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HEATHER DOYLE, Petrochemical Update

Hundreds of billions of dollars’ worth of projects and jobs in the U.S. chemical industry are at risk as a result of a massive new round of U.S. tariffs released late July 10 and covering $200 billion worth of Chinese imports, trade groups warned. more

Chemical Processing

While news headlines for the petrochemical construction boom have mainly been focused on the U.S. Gulf Coast, there are plenty of projects in the U.S. Northeast for the next wave of building. more

Downstream

Dow Chemical has delivered a successful U.S. Gulf Coast investment program and will take lessons learned in efficient construction, capital effectiveness, costs and quality as the company looks to invest further, company executives said. more

Downstream

U.S. plans to impose steel tariffs on imports from Canada, Mexico and the EU could threaten production of natural gas liquids (NGLs) as well as oil and natural gas, a big risk for capital investment, the American Petroleum Institute (API) said. more

Refining/Petrochemical

Oil price recovery, growing demand and increased feedstock supply are driving additional oil and gas capital projects globally, but the U.S. is now capturing the largest share of global energy industry investment, according to Petrochemical Update. more

Engineering, Procurement & Construction

Rapidly growing U.S. ethylene production and investment in new derivative capacity has increased the number of ports exporting plastics and opened new markets for U.S. producers, ClipperData told Petrochemical Update. more

Chemical Processing

Low U.S. natural gas prices, relative stability in crude oil prices and increased consumer demand have spurred further plant construction activity, highlighting current deficits in skilled labor. more

Engineering, Procurement & Construction

As natural gas liquids (NGL) growth accelerates in the US, the feedstock advantage will likely fuel additional investment decisions for mega projects along the Gulf Coast and Northeast, Phillips 66 executives said. more

Refining/Petrochemical

Increased labor and raw material costs and shortages, extreme weather and rushed ‘time to market’ projects pushed up US ethane cracker costs in 2017. more

Refining/Petrochemical

Chemical companies that leverage the right combination of digital technology could increase their market capitalization by $4.4 billion, but the industry continues to lag other sectors, an industry analyst told Petrochemical Update. more

Chemical Processing

Five pipeline projects in the U.S. Northeast gained approval by the Federal Energy Regulatory Commission (FERC) in October, pushing the potential the Appalachian region holds for the plastics industry closer to reality. more

Pipeline/Transportation

The U.S. is in place to be the most competitive global manufacturer of chemicals because of hydraulic fracturing and natural gas. more

Health, Safety & Environmental

Several U.S. major petrochemical projects to emerge from the natural gas boom are reaching their final stages of production just as a second wave of building begins. more

Maintenance & Reliability

Several U.S. chemical companies grew at a double-digit rate for the last two consecutive quarters, the first time since 2011, and this growth is spurring key decisions on second wave construction plans, analysts told Petrochemical Update. more

Refining/Petrochemical

There is enough ethane being produced in the Northeast U.S. now to provide the chemical industry sufficient feedstock without any additional drilling or exploitation, industry analysts said. more

Downstream

Nine out of 10 petrochemical players believe there will be a second wave of investment in downstream projects, but most believe it will be smaller and slower than the first wave, according to a Petrochemical Update poll. more

Maintenance & Reliability

The U.S. is in place to be the most competitive global manufacturer of chemicals as a result of hydraulic fracturing and natural gas, and the wave of investments is far from over, the American Chemistry Council (ACC) told Petrochemical Update. more

Engineering, Procurement & Construction

The shale boom has boosted natural gas liquid (NGL) supply and accessibility to these feedstocks will be a key driver of future petrochemical plant investments, analysts told Petrochemical Update. more

Drilling & Exploration

Craft labor supply is under pressure from rising construction demand and a new online tool is set to simplify productivity metrics and benchmark against other projects to cut costs and spur workforce development. more

Maintenance & Reliability

Rising LNG and petrochemicals exports are spurring investments in new barge fleets and suppliers are building larger vessels despite high construction costs, industry experts said to Petrochemical Update. more

Upstream

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