SOURCE: Industrial Info Resources

Industrial Info Resources

November 08, 2011 18:16 ET

More Than $200 Billion Worth of Grassroot Refining Projects Under Development in Asia, an Industrial Info News Alert

KOFU-SHI, JAPAN--(Marketwire - Nov 8, 2011) - Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- Asia's refining developments have a total investment value exceeding $200 billion, according to Industrial Info, not including projects already under construction. This makes Asia the largest global region in terms of refining, with South America trailing distantly behind. Asia also represents the largest number of projects and investments in other industries including power and chemical processing, all of which is due to strong emerging and developing economies, particularly in East and Southeast Asia.

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