A large number of industrial construction works, both new construction and expansion projects, are being carried out around the world. In the downstream sector, for example, more than 1,000 projects, such as refineries, petrochemical plants and fertilizer plants, will be completed before 2025.
Moreover, various projects will also be completed in other industrial sectors, such as power and energy plants, metal production and/or processing plants, steel mills, cement plants, mining projects, paper, cardboard and pulp mills and many other types. One thing all these types of projects have in commen is that they often require large and/or heavy industrial machinery and equipment to be transported around the world.
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This article has been produced in STEP’s Global Ventures Summer Edition 2022.