Phillips 66 Doubles Capex to Bolster Midstream Growth, Beefs Up Refining and Chemicals Capacity on Gulf Coast, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 08/03/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Solid growth in its segment and lower costs helped Phillips 66 (NYSE:PSX) (Houston, Texas) avoid the fate of other oil & gas companies in second-quarter 2015, as the company boasted solid profits amid continued weakness in commodity prices. Phillips 66 is upping its and investments, particularly in the profitable Gulf Coast. Industrial Info is tracking $67.71 billion in active projects related to Phillips 66, including $12.15 billion along the Gulf Coast.
Within this article: Details on Phillips 66''s quarter and projects, such as a condensate pipeline and terminal under construction on the Gulf Coast.
Other companies featured: Dow Chemical (NYSE:DOW), DCP Midstream LLC (NYSE:DPM), Spectra Energy (NYSE:SE)
For details, , or browse other breaking industrial news stories at .
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Datum: 03.08.2015 - 04:10 Uhr
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