Global Refinery Industry Is Expected to Witness a Substantial Growth Rate of Around 18.5% During the Period 2016 to 2020; Finds New Report
The global refinery industry is expected to witness a substantial growth rate of around 18.5% during the period 2016 to 2020 when compared to 6.6% during 2012 to 2016. Asia is expected to lead the growth in terms of both capacity as well as capex spending in the global refining industry. Led by China and India, the region is expected to contribute around 34.5% and 40.7% of the global capacity and capex growth by 2020. Nhon Hoi, Rio de Janeiro...
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