Covid-19 challenged the biggest petrochemical projects in North America, as it added costs and extended the timeline to works reconsidered last year for resumption in 2021, as well as...
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...
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...
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...
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...
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.
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...
