SOURCE: Industrial Info Resources

May 05, 2008 06:00 ET

Second Quarter Kicks Off With a Bang as Reported Spending in the Chemical Processing Industry Tops $3.4 Billion in April, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 5, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Even as financial analysts and economists hint at signs of a recession, project spending in North America's Chemical Processing Industry (CPI) continues with good momentum. In April, Industrial Info identified more than $1.1 billion in new capital and maintenance projects for the CPI as part of its North American Project Database. In addition to these new projects released last month, nearly $1.9 billion in CPI projects previously reported by Industrial Info were verified and updated as still active in some phase of planning, engineering or construction.

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