ITALIAN REFINERS' ENVIRONMENTAL SPENDING TO SOAR IN 1990s

Italian refiners' environmental spending is poised to take off in the 1990S. Industry estimates are that Italian refiners' capital outlays will total almost 12 trillion lire ($7.2 billion), in 1990 currencies, in the 1990s. Most spending will be earmarked to develop cleaner fuels and plant-specific environmental mitigation measures related to new European Community regulations (OGJ, Jan. 25, p. 29).

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