SOURCE: Industrial Info Resources

October 25, 2007 04:30 ET

Gulf Coast Region to Maintain Leading Role in Chemical Processing Industry in 2008, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 25, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Owners of chemical plants along the United States' Gulf Coast region will easily lead spending for the Chemical Processing Industry (CPI) in 2008 with almost four times the total spending of the closest follower. Capital and maintenance spending planned for the CPI next year in this region exceeds $4.7 billion, as identified in Industrial Info's North American Project Database. With the help of plans by a few CPI plant owners, the level of spending for 2008 in the Gulf Coast grows substantially over the $2.3 billion identified for 2007 at this time last year.

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