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Petchem Update

U.S. petrochemicals are set for significant growth in output as new production capacity comes online and demand strengthens in key end-use markets, but in the face of such growth, core challenges exist for owners and the companies who serve them. Read more

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Petrochemical and refining turnaround teams can significantly improve cost, schedule and management of their turnaround and capital projects if they turn to next evolution best practices. Read more

Refining & Petrochemical Processing

The 2018 Atlantic hurricane season, including the recent Hurricane Florence, has brought an uncomfortable amount of uncertainty in predicting the severity of each developing storm, the American Chemistry Council (ACC) said. Read more

Health, Safety & Environmental

Despite the uncertainties surrounding trade and world energy markets, analysts continue to express optimism for the future of the U.S. petrochemical industry and The Second Wave. Read more

Training & Human Resources

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. Read more

Refining & Petrochemical Processing

New downstream capital projects are expected to increase U.S. petrochemical capacity by more than 50 million tonnes of new chemical output each year, driving the need for further supply chain investment Read more

With 100 projects and thousands of supply chain opportunities being proposed for Canada valued at more than $12 billion do you know where and when to focus your efforts first? Read more

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. Read 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. Read more

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. Read 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. Read more

Refining & Petrochemical Processing

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

Refining & Petrochemical Processing

Through independent market research and large-scale international exhibitions and conferences, Petrochemical Update helps downstream industry decision makers anticipate and adapt to current and future industry challenges. Read more

BIC Alliance Members

A new whitepaper recently released by Petrochemical Update provides a market outlook on US Downstream Engineering, Construction & Maintenance spending in 2018. Read more

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. Read more

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

Maintenance & Reliability

The energy industry is lagging other sectors on the race to adopt digital technology, but increases in capital investment are pushing digital transformation now more than ever, industry analysts told Petrochemical Update. Read more

Refining & Petrochemical Processing

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. Read more

Refining & Petrochemical Processing

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. Read more

Downstream

U.S. petrochemicals are set for significant growth in output as new production capacity comes online and demand strengthens in key end-use markets, but in the face of such growth, core challenges exist for owners and the companies who serve them. Read more

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