The U.S. Gulf Coast will see the first wave of petrochemical projects begin operations in 2017 and learnings on areas such as feedstock availability and operating margins are spurring strategic decisions on a second wave of construction, analysts told...
A flurry of Gulf Coast LNG export facilities is set to raise U.S. domestic gas prices in the coming years and developers are optimizing liquefaction technology to capitalize on growing arbitrage opportunities between U.S. and global gas markets, analysts said.
In-house data scientists will raise productivity on U.S. petrochemicals projects in the coming years by maximizing insights from growing project datasets and multi-dimensional modelling, leading EPC executives said.
ExxonMobil is targeting key export markets such as Asia though 11 Gulf Coast chemical manufacturing and export facilities, including back-to-back ethane cracker projects which will add to the region's surging ethylene supply.
Craft labor supply is under pressure from rising construction demand and a new online tool is set to simplify productivity metrics and benchmark against other projects to cut costs and spur workforce development.