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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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information, send inquiries to refininggroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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