SOURCE: Industrial Info Resources

August 23, 2007 08:01 ET

The Refining Industry Continues to Drive Demand for Investments in New Hydrogen Capacity, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - August 23, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Construction of new hydrogen capacity in the United States and Canada in recent years has adequately kept pace with demand equaling an investment of nearly $1.4 billion in new capacity since the year 2000. The primary end market for this industrial gas has been from petroleum refiners in their quest to construct hydrocrackers and hydrotreaters to produce low sulfur content transportation fuels. The demand for more hydrogen capacity remains strong with future investments currently identified totaling more than $1.2 billion over the next several years.

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