WORLD CRUDE CAPACITY STAYS FLAT WHILE CONVERSION CAPABILITY RISES AGAIN

Anne K. Rhodes Refining/Petrochemical Editor The world's crude oil refining capacity remained essentially flat during 1993, decreasing by only about 18,000 b/d. Conversion capability, however-measured as % on crude of four major processes (fluid catalytic cracking [FCC], hvdrocracking, catalytic reforming, and alkylation)-increased by about 3.4%. These are the findings of the Journal's exclusive worldwide refining survey (p. 46). Other important trends as of Jan. 1, 1994, include:

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