HPI spending outlook '90

Journal Article · Fri Dec 01 04:00:00 EST 1989 · Hydrocarbon Processing; (USA)

OSTI ID:7180468

This article reports on the worldwide hydrocarbon processing industry (HPI), expected to spend $117.5 billion in 1990-up $9.2 billion over 1989. Petrochemicals alone will account for 66 billion of these dollars. The number of active HPI construction projects is at its highest level since 1983. New project activity is expected to continue at a high level as the HPI reconfigures, modernizes and expands its operations to meet a growing demand for end products, and to comply with more stringent environmental regulations. These regulations affect product specifications and plant operations. 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 1990.

• OSTI ID: 7180468
• Journal Information: Hydrocarbon Processing; (USA), Journal Name: Hydrocarbon Processing; (USA) Vol. 68:12; ISSN HYPRA; ISSN 0018-8190
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020400 -- Petroleum-- Processing
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030300 -- Natural Gas-- Drilling
Production
& Processing
29 ENERGY PLANNING, POLICY, AND ECONOMY
290300 -- Energy Planning & Policy-- Environment
Health
& Safety
CHEMICAL PLANTS
COST
ENVIRONMENTAL QUALITY
FORECASTING
GLOBAL ASPECTS
INDUSTRIAL PLANTS
INDUSTRY
NATURAL GAS PROCESSING PLANTS
OPERATING COST
PETROCHEMICAL PLANTS
PETROLEUM INDUSTRY
PETROLEUM REFINERIES
POLLUTION REGULATIONS
REGULATIONS