The Extraordinary Challenge of Mega-Projects

Source: AIChE
  • Type:
    Conference Presentation
  • Conference Type:
    AIChE Spring Meeting and Global Congress on Process Safety
  • Presentation Date:
    April 11, 2016
  • Duration:
    30 minutes
  • Skill Level:
  • PDHs:

Share This Post:

Shale related developments led to the renaissance of the petrochemical industry in North America. Last 5 plus years have seen an unprecedented pace of investment in the petrochemical industry. Last one year has seen a significant change in oil prices, dropping from nearly $100/bbl to below $50/bbl, resulting in a slow-down in investments. This slow-down is driven by lower margins, due to flattening of cost of production curve, and will prolong the payout of these investments. Ethylene based petrochemical complexes are capital intensive and industry is looking for improving competitiveness of new investments as compared to naphtha based plants in Asia and other regions. This presentation will explore some of the potential opportunities for managing the capital cost, one of the key element for mega project delivery, which will help improving competitiveness of petrochemical investments - particularly in North America.
Once the content has been viewed and you have attested to it, you will be able to download and print a certificate for PDH credits. If you have already viewed this content, please click here to login.



Do you already own this?



AIChE Member Credits 0.5
AIChE Members $19.00
AIChE Fuels and Petrochemicals Division Members Free
AIChE Graduate Student Members Free
AIChE Undergraduate Student Members Free
Non-Members $29.00