Published:
The Refining Industry Continues to Drive Demand for Investments in New Hydrogen Capacity, an Industrial Info News Alert
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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Daily NewsTags: ,Chemicals:Petrochemicals, Energy and Utilities:Equipment, EnergyandUtilities:OilandGas, ProfessionalServices:Consulting, ProfessionalServices:Engineering, RealEstateandConstruction:Construction, ,TX,SUGAR LAND, TX
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