HPI spending outlook '89

Journal Article · Tue Dec 01 04:00:00 EST 1987 · Hydrocarbon Process.; (United States)

OSTI ID:6588426

The number of active HPI construction projects has increased to its highest level since early 1985. Because HPI spending is related to construction project activity, 1989 will be a good year for suppliers of HPI equipment, materials and services. Petrochemical projects represent 241 of the additions. Moreover, in the year since Ocrtober 1987, 626 petrochemical projects were added to Boxscore, 54% of new entries for the period. These figures reflect the HPI's sustained high operating rates, profit levels and increased spending for new and upgraded capacity. New project activity is expected to continue at a high level as the HPI reconfigures, modernizes and expands its operations to meet a growinog demand for end products, and to comply with more stringent environmental regulations that impact product specifications and plant operation. These new projects are having a positive impact on HPI spending. As a result, the HPI's capital, maintenance and operating budgets are forecast to increase again in 1989.

• OSTI ID: 6588426
• Journal Information: Hydrocarbon Process.; (United States), Journal Name: Hydrocarbon Process.; (United States) Vol. 67:12; ISSN HYPRA
• Country of Publication: United States
• Language: English

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090100 -- Hydrocarbon Fuels-- (-1989)
10 SYNTHETIC FUELS
29 ENERGY PLANNING, POLICY, AND ECONOMY
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BY-PRODUCTS
CAPITALIZED COST
CHEMICAL PLANTS
COST
DEMAND
ENERGY DEMAND
ENVIRONMENTAL IMPACTS
EQUIPMENT
FORECASTING
HYDROCARBONS
INDUSTRIAL PLANTS
ORGANIC COMPOUNDS
PERFORMANCE
PETROCHEMICAL PLANTS
PLANNING
PROCESSING
REGULATIONS
SPECIFICATIONS