Engineering and Construction

US EPC contracts focus on cost coverage as resources tighten

May 22, 2015

The heated downstream construction market will drive more petrochemical owners on the US Gulf Coast to shift from pure fixed-cost, lump-sum contracting to more cost-reimbursable and conversion strategies, according to Jeff Patterson, NAA/LAA Engineering...

Multimedia: Mapping North America's petrochemical construction projects

Apr 23, 2015

LyondellBasell’s recent announcement that it plans to expand Tri-ethylene Glycol (TEG) production capacity at the company's existing ethylene oxide and ethylene glycol plant in Pasadena, Texas has been the latest addition in a slate of petrochemical...

North America to remain globally competitive as chemical producing region

Apr 8, 2015

North America's chemical feedstock and energy costs will stay among the lowest in the world, and NGLs will surpass naphtha as the major cracker feed globally by 2025, according to ExxonMobil Chemical's senior vice president.

BASF considers modularization to mitigate Gulf Coast labor market risks

Mar 24, 2015

Amidst the long pipeline of petrochemical projects on the US Gulf Coast racing to bring production on stream early on while controlling costs, BASF, Ineos and other owners are carefully considering their construction methods – modularization or the...

Petrochemical owners shift from speed to cost-driven execution strategy in uncertain times

Mar 6, 2015

EPC companies in the US Gulf Coast expect a move from cost-reimbursable contracts back to lump-sum contracts as the delays in capital spending free up resources for ongoing projects

Plant modularization used to keep projects on schedule

Feb 24, 2015

A solution to the current skilled labor shortage in North American petrochemical construction projects could be a focus on plant modularization, according to industry executives.

The Future of US Ethane Crackers amidst the Oil Crisis – a 2015 outlook

Feb 20, 2015

With the introduction of ten ethane cracker projects in the US over the next 5 years, around 90% of output from these projects would need to be exported to make them commercially viable. While the cost advantage ethane crackers enjoy over naphtha may have...

The renaissance of Canada’s petrochemical industry

Feb 10, 2015

Endowed with abundant natural resources, a highly skilled workforce and a competitive tax system, Canada is making the most of North America’s petrochemical renaissance.

Aligning expectations between project owners and EPC contractors

Feb 10, 2015

Driven by low feedstock costs, the petrochemical renaissance is reshaping North America’s industrial landscape. However, the ongoing high levels of industrial activity are increasing the complexity of new projects, sometimes fuelling a sense of disconnect...

Lower oil prices help petrochemical companies improve margins

Jan 29, 2015

Although some upstream oil operators have posted results that have missed expectations, their derivative segments and other petrochemical businesses are seeing the upside of the oil price erosion.

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