The United States has the most complex and efficient refining industry in the world, but we also have less refining capacity than we used to. Where the issue of refining capacity is concerned, it’s important to understand what refining capacity is, why we’ve lost capacity in the United States and how policies can advance the competitiveness of our refineries in the global market.
Because of the extensive safety and mitigation steps refiners take wherever hydrofluoric acid (HF) alkylation is concerned, the risks from this process pale in comparison to those we assume every day when we engage in routine activities like riding a bike, driving a car and playing with pets.
Not only do the fuel and petrochemical industries make it possible, they’re also responsible for preserving and maintaining some of the best-known landmarks all over the world. Read on to join us for a ‘round the globe trip to some of the world’s most famous petrochemicals!
McKinsey released a new report outlining the emissions profiles of plastic vs. non-plastic alternatives in multiple use cases. They found that in nearly every case examined, plastics are responsible for less greenhouse gas emissions throughout their lifecycle than alternative materials.