FCCU 2019 Spend to Total $2.6 Billion, an Industrial Info Market Brief

Industrial Info is currently tracking $2.6 billion of capital spending that is scheduled to begin construction on the fluid catalytic cracking units (FCCUs) in 2019, at 50 petroleum refineries around the world. Majority of the projects, approximately $1.9 billion, are planned to occur in the Asia market region, with Indonesia and Iran projected to see over $900 million and $600 million, respectively. The second largest region is North America, with over $500 million planned.