SOURCE: Industrial Info Resources

Industrial Info Resources

January 30, 2017 06:30 ET

Industrial Market Outlook: U.S. Natural Gas Processing Plants Back on the Upswing

SUGAR LAND, TX--(Marketwired - Jan 30, 2017) - Researched by Industrial Info Resources (Sugar Land, Texas) -- For the past couple of years, natural gas processors have been largely in survival mode, with budgets restrained to only necessary inspection and maintenance work, according to Shane Mullins, Industrial Info vice president of product development for energy markets. But with the natural gas liquids (NGL) barrel price at a two-year high and more liquefied petroleum gas (LPG) demand on the way from overseas users and the U.S. petrochemical sector, better margins will allow some purse strings to open up in 2017, he said at Industrial Info's recent 2017 Industrial Market Outlook for 2017 in Houston, Texas.

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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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.

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