SOURCE: Industrial Info Resources

October 04, 2007 07:01 ET

North American Petroleum Refining Industry Could See Five-Fold Increase in Capital Spending in 2008 Compared to 2006, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 4, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The North American Petroleum Refining Industry's spending trends are showing year-over-year increases from 2006-08, mainly driven by multi-billion-dollar capacity expansion projects in Canada and the United States. Industrial Info is already tracking 349 projects totaling more than $35 billion scheduled for construction kickoff in 2008.

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