SOURCE: Industrial Info Resources

October 19, 2007 08:01 ET

Profit Margins, Labor Drive North American Petroleum Refining Industry Maintenance Turnaround Schedules, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 19, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The North American Petroleum Refining Industry has been seeing a downward trend in turnarounds, and there are several reasons for it. Labor constraints, profit margins and equipment availability have greatly contributed to the delay in industry turnarounds. Take labor for example. With the amount of construction underway in 2007, there simply aren't enough craftsmen to satiate demand.

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