SOURCE: Industrial Info Resources

June 17, 2008 05:00 ET

Chemical Processing Industry Moves Through the Second Quarter With Overall Confidence, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - June 17, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The largest single project identified in the North American Chemical Processing Industry (CPI) during the month of May is a Canadian project valued at $300 million, planned by CF Industries Holdings Incorporated (NYSE:CF) (Deerfield, Illinois) at its site in Medicine Hat, Alberta. This project is just one of more than 100 new project reports generated last month covering capital and maintenance spending planned or underway in the CPI market. In total, new project reports during May equaled more than $2 billion in combined spending, substantially more than previous months this year, which have averaged $1 billion or less in new project reports.

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