New downstream project announcements drop 35% in 2016

摘要

According to Hydrocarbon Processing's Construction Box-score Database, nearly 470 new projects have been announced in the downstream hydrocarbon processing industry over the past two years. FIG, 1 shows a Boxscore Database trend analysis on new project announcements from 2015-2016. New project announcements have fallen from 285 in 2015 to 185 in 2016. This trend analysis represents a year-over-year decrease of approximately 35%.