SOURCE: Industrial Info Resources

Industrial Info Resources

December 13, 2011 05:30 ET

Asian Capital Chemical Processing Project Starts Increase in First-Quarter 2012, an Industrial Info News Alert

KOFU-SHI, JAPAN--(Marketwire - Dec 13, 2011) - Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- Over the course of the first-quarter 2012, more than 530 capital chemical processing projects are scheduled to start. Nearly 30% of these starts are grassroots in nature, though the majority of them will take place in Asia. First-quarter 2012 chemical starts represent roughly $60 billion in investments, with Asia accounting for approximately 80%. China will be the primary driver behind Asia, accounting for approximately $37 billion in capital chemical projects alone.

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