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California Petroleum Refiners Increase Planned Future Capital & Maintenance Spending in 2006, an Industrial Info News Alert.


SUGAR LAND, Texas -- Researched by Industrial Info Resources (Sugar Land, Texas). At the tail end of six years of moderate capital and maintenance spending in the state of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , the Petroleum Refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar  Industry began increasing the planned future spending for the state. Taking advantage of the rising oil prices, in 2005, the industry ramped up future spending plans with over $1.3 billion worth of proposed projects on the books by year's end.

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Publication:Business Wire
Date:May 25, 2006
Words:166
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