SOURCE: Industrial Info Resources

October 17, 2007 07:27 ET

Spending in Chemical Processing Industry for Planned Maintenance Turnarounds Maintains Momentum in 2007, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 17, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Planned maintenance turnaround activity and related spending increased by a small margin in 2007 over the previous year for the Chemical Processing Industry (CPI). More than 310 individual CPI plant turnarounds have been reported for this year, a 10% increase over reported turnaround activity for 2006 in the United States and Canada. This number has continued to increase over the past several years as the industry focuses on preventative and predictive maintenance routines that have a direct impact on increasing efficiencies, productivity and ultimately profitability.

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