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Newalta to spend less on growth projects next year due to underused inventory

2015-12-14 20:07:17| Oil & Gas - Topix.net

The Newalta environmental services company, which helps recover valuable material from waste produced by the oil and gas industry, says it will spend less on growth projects next year. As a result, it will reduce its budget for growth capital to between $20 million and $30 million in 2016, down from $70 million this year.

Tags: to year due growth

Category:Energy and Environment

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