Topic: Market Conditions Reduce Projected Spending on Refinery Turnarounds in 2010
U.S. refiners will spend an estimated $1.2 billion on turnaround maintenance projects in 2010, a sum that is significantly less than spending projections made only three months ago, according to Chris Paschall, Industrial Info's vice president of research for oil & gas industry markets. Join Mr. Paschall along with the host of Navigating the Currents of Change to hear more about what to expect from the refining market and project spending for 2010.
Regulators can set deadlines. Companies can issue bids. But if local labor markets have a shortage of skilled craft labor, projects won't get done on time or on budget. That's a reality gradually becoming apparent across North America. In the ...