Engineering and Construction

US chemicals capex to rise over 7% a year in 2016-2018

Mar 11, 2016

Capital spending in the US chemical industry surged 18.4% in 2015 to $42.6 billion and is expected to increase by more than 7% a year on average through 2018, according to Kevin Swift, chief economist and managing director of the American Chemistry Council (...

Gulf petchems producers revisit 2016 project spend amid low oil

Feb 26, 2016

Low oil prices will not put a dent in the strategic petrochemical megaprojects in the Gulf Cooperation Council (GCC) region, although smaller projects that have not been firmed up yet might be pushed aside until prices recover, according to Abdulwahab Al-...

Plant builders use new methods to control schedule, boost FEED

Feb 26, 2016

Petrochemical and refining owners can significantly improve their front-end engineering and design (FEED) packages if they complement the standard consultant project evaluations with their own in-house project performance criteria, according to Taylor Auburg...

Dow Chemical eyes high-margin product gains from GoM expansion

Feb 11, 2016

The Dow Chemical Company is on track to complete its 1.5 mtpa ethylene cracker in Freeport, Texas in Q2 2017 as part of a wider production thrust to meet rising demand for speciality products in the Americas, Doug May, Dow’s business president for Olefins,...

Petchems owners urged to plan for modular projects in FEED stage

Jan 31, 2016

Petrochemical and refinery companies looking to modularize parts of their construction projects must develop a modular strategy very early in the project cycle and fully understand how modularization fits their project goals if they are to meet their budgets...

Oil price to stay low in 2016; Kuwait plans more petchems spending

Jan 31, 2016

Petrochemicals news you need to know.

Saudi Arabia hikes ethane prices; Westlake to expand US ethylene unit

Jan 13, 2016

Petrochemicals news you need to know.

Asia triples demand for US propane; Arabian Gulf raises petchems exports

Nov 26, 2015

Petrochemicals news you need to know.

US refinery spend to rise in 2016-2020 on low oil price, EPA rules

Nov 19, 2015

Petroleum refiners in the United States and Canada are projected to spend about $6.7 billion on new capital projects in 2016, up from $5 billion in 2015, said Chris Paschall, vice president of global research for the petroleum refining industry at consulting...