SOURCE: Industrial Info Resources

Industrial Info Resources

February 16, 2011 06:20 ET

Improved Margins, Higher Demand Signal Higher Project Spending by Refining Industry in 2011, a "Navigating the Currents of Change" Webcast on

SUGAR LAND, TX--(Marketwire - February 16, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- North American petroleum refiners have experienced several months of increased demand and improved margins, which should translate into increased project spending by the industry this year, Chris Paschall, Industrial Info's vice president of research for the Petroleum Refining Industry, told about 400 attendees at IIR's 2011 Industrial Market Outlook briefing in Houston on February 1.

The gradually improving U.S. economy has driven increased demand and increased margin for gasoline and diesel, he noted. All of this comes as much-needed good news for petroleum refiners, Paschall said in an exclusive "Navigating the Currents of Change" interview. Click here to hear this and other "Navigating the Currents of Change" webcasts on

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