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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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to chemicalsgroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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