SOURCE: Industrial Info Resources

December 22, 2009 05:15 ET

Top Ten North American Chemical Projects Planned for the First Quarter of 2010 Are Heavily Watched, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 22, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- There is a lot of anxiety about how strongly the Chemical Processing Industry (CPI) of North America will begin the approaching year. An even greater level of interest is in how many of the large planned projects will be approved and move forward during the first quarter of 2010. Of the estimated $609 million in CPI projects planned to begin construction during the first quarter, the top 10 projects represent about 66% of the total, including a project by Air Products and Chemicals Incorporated (NYSE:APD) to develop a grassroot hydrogen plant for the regional market and neighboring refinery owned by Marathon Petroleum Company LLC (NYSE:MRO). The success or failure of these 10 projects could have a significant influence on how quickly the CPI can expect to see substantial improvements in 2010.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to chemicalsgroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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