Total project cost estimates for a typical 1.5 million ton-per-annum (mtpa) ethane cracker on the U.S. Gulf Coast rose by $14.2 million (0.7%) to $2.1 billion in the period September-December, according to Petrochemical Update’s U.S. Ethylene Plant...
Two thousand and seventeen will not only mark the peak of the first wave of U.S. ethane cracker construction, but will also be the year in which decisions are made on the anticipated second wave of construction.
An absolute minimum of 24 months is needed to plan for integration of large turnarounds with capital projects, agreed a panel of experts at Petrochemical Update’s Refining, Engineering & Construction conference in Houston.
The construction sector must harness the power of benchmarking if it is to end a decade of stagnant productivity, according to the manager of capital-projects consulting at petroleum and chemicals advisory AP-Networks.