SOURCE: Industrial Info Resources

Industrial Info Resources

June 24, 2011 06:40 ET

Hydrocracker Additions Put Texas, Louisiana at Top of U.S. Refining Industry Spending, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jun 24, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking approximately $5.2 billion in U.S.-based Petroleum Refining Industry capital projects that are planned to kick off in 2011. Two hydrocracker additions at refineries owned by Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) have pushed Texas and Louisiana to the forefront of Refining Industry spending for the year. In total, the two states plan to kick off more than $3.6 billion in Refining capital projects in 2011, some of which have already been completed.

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