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Global Refining Webinar: Inventories Clearing, Margins Increasing Industry Segment: Petroleum Refining | Word Count: 773 Words SUGAR LAND May 13, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) Global refiners throughout the world faced a tough time in the wake of the COVID-19 pandemic as lockdowns, stay-at-home orders and a lack of travel reduced the demand for refined products. However, things seem to be looking up demand is returning and high inventories are diminishing. In Wednesday s webinar on spending in the global Petroleum Industry, Chris Paschall, Industrial Info s vice president of research for the Refining Industry, and Shaheen Chohan, vice president of Global Analytics, discussed the current trends seen in the industry and what to expect in the near future. ....
Upcoming Webinar to Address Refining Capital & Maintenance Spending Industry Segment: Petroleum Refining | Word Count: 439 Words Attachment: Active Refining Projects SUGAR LAND May 10, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) The COVID-19 pandemic sent refiners throughout the world into a tailspin as demand for gasoline, diesel and jet fuel plummeted. As businesses were starting to recover, along came Winter Storm Uri in the U.S., causing shutdowns of many facilities along the Texas and Louisiana Gulf Coast, where the majority of U.S. refining activity occurs. In an upcoming webinar on Wednesday, May 12, Chris Paschall, Industrial Info s vice president of research for the Petroleum Refining Industry, and Shaheen Chohan, vice president of Global Analytics, will be discussing the market trends and drivers affecting the industry. This complimentary webinar will be held at 10 a.m. CDT (11 a.m. EDT) and will be repeated later for European and Asia- ....
2021 North American Industrial Market Outlook: $15.5 Billion of Potential Refinery Kickoffs Tracked in U.S., Canada Industry Segment: Petroleum Refining | Word Count: 933 Words Attachment: A SUGAR LAND January 22, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) Industrial Info has identified $15.5 billion worth of petroleum refining project activity in the U.S. and Canada that is proposed to start construction this year through 2022. Refiners took a drubbing in 2020 as a result of the COVID-19-induced drop in demand, and the amount of project activity proposed at the beginning of any year usually drops significantly as the year progresses. Still, in-plant capital projects and unit additions have a good chance of moving forward, said Chris Paschall, Industrial Info s vice president for refining & crude research, during last week s 2021 North American Industrial Market Outlook event. ....