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Investments in Hydrogen Capacity Continue to Rise, Exceeding $2 Billion in Future Spending

SUGAR LAND--May 7, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Continued investments in the Petroleum Refining Industry to boost capacity of low-sulfur transportation fuels have kept the pressure on hydrogen producers to keep up investments on new capacity. Last summer, Industrial Info was tracking an estimated $1.2 billion in future investments as part of its North American Projects Database aimed at building new hydrogen capacity through grassroot construction, unit additions, plant expansions and debottlenecks. That figure has grown to an approximate $1.9 billion and continues to grow monthly.

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Industry Segment: Chemical Processing
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