Global downstream processing capital expenditures nears $1.9 T
Hydrocarbon Processing’s Construction Boxscore Database is tracking more than 1,430 projects around the world, representing nearly $1.9 T in capital expenditures.
The following is a breakdown of active project market share by sector:
• Refining—36% (522 projects)
• Petrochemicals—35% (489 projects)
• Gas processing/LNG—29% (421 projects).
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