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Canadian Refiners Increase Planned Future Spending by 350% During Last Twelve Months, an Industrial Info News Alert

SUGAR LAND, Texas -- Researched by Industrial Info Resources (Sugar Land, Texas). The Canadian refining industry has always had robust capital and maintenance spending. On average, $8-10 billion in proposed refining expenditures are on the books during any given year in the country, but recent highs in oil prices have given way to a flurry of planning activity among Canada's refiners for expansions and new upgrading units.

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