Petrochemical project leaders are turning to advanced sustainment and lean operation methods to fill the communication gaps left by high-level process mapping and performance objectives, an industry analyst told Petrochemical Update.
More than 80% of petrochemical players believe the current craft labor shortage is serious, according to a poll by Petrochemical Update. Improving conditions for craft professionals is one way owners and contractors are aiming to recruit and retain the best...
While the U.S. is preparing for 310 petrochemical projects and $185 billion in capital investment at the same time an experienced generation of workers retires, quality and productivity are becoming an even bigger challenge than the labor shortage, owners and...
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.
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.
Preparing a large and skilled workforce, securing regulatory permits, and building suitable infrastructure: these are top of the agenda for the buildout of the petrochemicals industry in the U.S. Northeast, according to four industry leaders.