SOURCE: Industrial Info Resources

June 01, 2007 06:01 ET

Grassroot Chemical Processing Plant Startups Expected to Peak in June

SUGAR LAND, TX--(Marketwire - June 1, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas). June 2007 has the potential to equal the strongest month for the chemical processing industry (CPI) when considering the number of grassroot plant startups in the U.S. and Canada. Eleven new plants have the potential to begin commercial operations this month equaling almost 23% of the total CPI plant startup activity for the entire year with an investment value estimated to exceed $200 million.

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