Engineering and Construction

Gulf Coast craft labor hours forecast to peak in 2018

Nov 25, 2016

Craft labor hours for industrial construction on the Gulf Coast will peak during 2018 and not next year as previously thought, according to Industrial Info Resources’ Tony Salemme.

Construction sector urged to go more granular in benchmarking of project costs

Nov 25, 2016

The construction sector must harness the power of benchmarking if it is to end a decade of stagnant productivity, according to the manager of capital-projects consulting at petroleum and chemicals advisory AP-Networks.

US to have added 64 mtpa of LNG export capacity by end of first construction wave

Nov 11, 2016

The United States will have added around 64 million tons per annum of liquefied natural gas export capacity once the first wave of construction is completed in about two years, according to Industrial Info Resources.

World Bank predicts $55/bbl oil in 2017; Braskem commissions Texas PE plant

Oct 28, 2016

Petrochemicals news you need to know

US ethane cracker project costs rise 2.5% year to date

Oct 14, 2016

Total project cost estimates for a typical 1.5 million ton-per-annum ethane cracker on the U.S. Gulf Coast rose 2.5% in the first nine months of 2016, according to Petrochemical Update’s third-quarter U.S. Ethylene Plant Construction Costs Quarterly Update.

Communicate early and often: leaders discuss key lessons from large capital projects

Oct 14, 2016

As plants and crackers in the U.S. become ever larger and more expensive, project leaders can take early steps to reduce the risk of overruns, as Petrochemical Update has heard from three people with experience handling mega-projects.

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