Engineering and Construction

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...

Plant builders use design-stage data tools to offset impact of tight skills market

Sep 30, 2015

Design-stage innovations such as three-dimensional isometric projections delivering extra detail to field craft are improving schedule performances and reducing the cost of major US capital projects, according to John Fish, director - Project Support Services...

Below par US capital projects provide warning to petchems developers

Jul 27, 2015

Almost two thirds of the major capital projects in the United States do not meet their budgets and schedules, and most industry executives are not happy with the performance of their systems, according to Brett Schroeder, managing director of strategic...

US to see hike in foreign-funded ethylene capacity in second wave of projects

Jun 25, 2015

The US petrochemical market will see a sharp increase in investment in ethylene production and derivatives capacity from foreign chemical and petrochemical manufacturers, totalling at least 10 million tons of new production per year by 2025, according to...

Sasol’s Louisiana project controls capex via patchwork of supply, labor contracts

Jun 25, 2015

The near 50% drop in the crude oil price since mid-2014 has not delayed Sasol’s petrochemical construction projects in the United States “one single bit,” according to Rob Clark, vice president-project director, US Mega Projects at Sasol.

Gulf region set for 5% petchems growth as downstream attracts funds

May 26, 2015

The chemical production capacity in the Gulf Cooperation Council (GCC) countries will jump from 147 million tonnes a year in 2014 to about 198.6 million tonnes in 2020, Abdulwahab Al-Sadoun, secretary general of the Gulf Petrochemicals and Chemicals...