SOURCE: Industrial Info Resources

Industrial Info Resources

June 20, 2016 07:30 ET

Global Project Restarts Surpass $65 Billion for Second-Quarter 2016, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jun 20, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Globally, Industrial Info is tracking more than 200 projects worth more than $65 billion that previously were canceled or placed on hold, but have returned to an active status between the beginning of April and the end of June. More than 90% of these project restarts can be found in four industries -- Power, Metals & Minerals, Petroleum Refining and Chemical Processing -- and include some of the most highly anticipated (and frequently delayed) projects in those areas.

Almost half of the total investment value (TIV) for the restarts can be found in the Power Industry, in which $32.79 billion worth of projects have returned to active status since April 1, and more than half of that amount can be attributed to a single project.

To read the complete story, check out the most recent edition of Industrial Info's NavigatIIR online newsletter, which also includes details on the wind-energy boom in Texas; challenges facing the North American crude-oil pipeline market; and the ups and downs of the U.S. ethylene market.

Browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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