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Phillips 66 Endures Tough Market Conditions in Second-Quarter 2013, Expects $1.9 Billion Capex for Full Year, an Industrial Info News Alert

SUGAR LAND, TX — (Marketwired) — 08/01/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — Leading downstream company (NYSE:PSX) (Houston, Texas) reported lower revenues and profits for the second quarter of 2013, following unplanned downtime in the and segments and difficult market conditions that resulted in fewer crude discounts. Industrial Info is tracking more than $1.3 billion in projects involving Phillips 66.

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