SOURCE: Industrial Info Resources

October 27, 2009 08:01 ET

Texas Chemical Industry Looks for Much Better Prospects in 2010, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 27, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- After a predictably dismal year in 2009 for the Chemical Processing Industry (CPI) in Texas, a stronger outlook for 2010 appears to be in the making. Texas CPI plant owners saw more than $900 million in projects placed on indefinite hold or canceled entirely this year. As 2010 approaches, CPI project activity currently reported in Texas shows an increase in overall capital and maintenance spending by an estimated 36%, with the total investment value totaling more than $1.5 billion.

Other companies featured: Huntsman Corporation (NYSE:HUN)

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