SOURCE: Industrial Info Resources

Industrial Info Resources

November 30, 2011 06:20 ET

Sulfuric Acid Producers to Maintain Spending Levels in 2012, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Nov 30, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Producers of sulfuric acid in the United States and Canada expect to see a 6.4% increase in capital and maintenance project investments in 2012. Total spending in 2012 for this segment of the Chemical Processing Industry (CPI) is expected to rise to nearly $150 million, compared to $141 million in 2011. Among the largest projects planned to begin construction next year include plans by The Mosaic Company (NYSE:MOS) (Plymouth, Illinois) for a new interpass absorption tower addition at the company's plant in Mulberry, Florida.

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