SOURCE: Industrial Info Resources

August 14, 2007 07:01 ET

The Number of Projects Identified With Selections for Major Contractors and E&C Firms in the Chemical Processing Industry Continues to Rise

SUGAR LAND, TX--(Marketwire - August 14, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Most every major capital project requires some type of engineering or architectural support by an E&C or professional services contractor. The number of chemical projects planned in the United States and Canada for 2007 with this type of award or selection currently exceeds $2.9 billion from just 140 individual projects making the average project total investment value (TIV) greater than $20 million. This number has almost doubled since the first of the year when Industrial Info was tracking approximately 72 CPI projects planned for 2007 with this type of service already identified.

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