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California Petroleum Refiners Increase Planned Future Capital & Maintenance Spending in 2006, an Industrial Info News Alert

Posted on: Thursday, 25 May 2006, 09:00 CDT

Researched by Industrial Info Resources (Sugar Land, Texas). At the tail end of six years of moderate capital and maintenance spending in the state of California, the Petroleum Refining Industry began increasing the planned future spending for the state. Taking advantage of the rising oil prices, in 2005, the industry ramped up future spending plans with over $1.3 billion worth of proposed projects on the books by year's end.

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Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world. For more information send inquiries to petroleumterminalsgroup@industrialinfo.com or visit our website at www.industrialinfo.com.

Source: Business Wire

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