Various trends, regulations and initiatives are affecting global and regional spending in the hydrocarbon processing sector. These factors are leading to new grassroots installations, expansions, conversions and, conversely, consolidation and rationalization.
In the following video analysis, Lee Nichols, Vice President, Content/Editor-in-Chief, Hydrocarbon Processing, provides a deep dive into the future of capital spending in the refining, petrochemicals and gas processing/LNG industries, as well as the major economic, environmental, regulatory and industry trends impacting capital spending now and into the future.