SOURCE: Industrial Info Resources

Industrial Info Resources

April 09, 2010 05:00 ET

Outlook for Canadian Chemical Producers Improves in 2010, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 9, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Project spending in the Chemical Processing Industry (CPI) of Canada decreased last year to $270 million, down substantially from nearly $600 million in 2008. This decrease was no surprise, as the chemical industry struggled with a lack of demand and poor economics. The outlook for 2010 has improved, and already capital and maintenance spending forecast for this year is expected to reach or exceed $350 million. The improvement is still far short of its peak in 2008, but the increase seems consistent with recent spending trends within the CPI across North America.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to or visit us online at

Follow us on: FacebookTwitterLinkedIn - Vimeo

Contact Information

  • Contact:
    Joe Govreau