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Registration: 3:00 P.M. Networking: 6:00-8:00 P.M. Location: Online
2021 North American Industrial Market Outlook Webinar In January 2021, IIR presented its annual Industrial Market Outlook for North America, setting the expectations for industrial plant spending in 2021. As a follow-up, IIR is pleased to announce its mid-year review, online and free for all attendees, beginning on Tuesday, July 20 until Thursday, July 22, starting at 10 a.m. CDT (11 a.m. EDT), and lasting for approximately one hour total each day.
We came into the start of the year with one of the largest potential 24-month project spending pipelines, in part due to adjustments and deferments in planned spending from 2020. The combination of COVID vaccine rollouts and a wave of stimulus support packages has lent support to firmer commodity demand and more balanced markets. So t
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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
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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.
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