SOURCE: Industrial Info Resources

November 01, 2007 08:01 ET

Major Unit Addition by PCS Phosphate Contributes to Significant Increase in CPI Spending Forecast for North Carolina in 2008, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 1, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- North Carolina is home to an estimated 112 operational chemical plants and an annual investment by the Chemical Processing Industry (CPI) that historically exceeds $200 million or more. The CPI didn't fare as well in 2007 with a project cancellation or fallout rate that reached nearly 50%. Based on project activity in Industrial Info's http://www.industrialinfo.com/prodserv/prodserv.jsp North American Project Database, just more than $95 million in CPI project activity began construction in 2007 compared with the $187 million identified for the year.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=122878, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. For more than 24 years, IIR has provided accurate and timely intelligence through products such as 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.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147