SOURCE: Industrial Info Resources

January 02, 2008 05:05 ET

Chemical Processing Industry Expects Strong Start in New Year, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 2, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The first three months of 2008 are set to be among the biggest of the year for the Chemical Processing Industry (CPI) based on project spending identified so far in North America. Currently, Industrial Info is tracking more than 150 capital and maintenance CPI projects as part of its North American Project Database that are planned to begin construction during the first quarter of 2008 valued at an estimated $2.2 billion. This is a tremendous increase over the first quarter of 2007 when about $1.6 billion was originally planned to begin construction, of which less than $400 million was canceled or placed on hold.

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Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. Celebrating its 25th anniversary, IIR provides accurate and timely intelligence featuring plant and project information databases, focused market databases, industry forecasting, key industry contacts, industry and territorial map products, direct marketing services and applications, and daily industry news. For more information send inquiries to chemicalsgroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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