SOURCE: Industrial Info Resources

July 17, 2007 08:00 ET

Petrochemicals and Plastic Resins Maintain Top Spot in Chemical Industry Spending Identified During First Half of 2007, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - July 17, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas). Investments in petrochemicals and plastic resins equaled 48% of the total $8.9 billion North American chemical processing industry (CPI) capital and maintenance spending identified in the first six months of 2007. These segments of the CPI historically represent a significant portion of total spending in the industry as they play a key role in the production of base chemicals used elsewhere in the industry and as feedstock for many others.

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