Great Lakes Region Proved to be Great for the Chemical Industry in 2008
Posted on February 11, 2009 at 01:00 AM EST
SUGAR LAND--February 10, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Early last year the capital and maintenance spending outlook for the Chemical Processing Industry in the Great Lakes region looked promising. Initial reports identified more than $700 million in total project activity planned to begin construction during 2008. Despite the grave situation of the automobile industry in the region, as the year came to a close several large CPI projects got under way, catapulting total CPI spending to an estimated $958 million from the nearly 100 capital and maintenance projects. Other companies featured: Praxair Incorporated (NYSE:PX), PPG Industries Incorporated (NYSE:PPG), Dow Chemical Company (NYSE: DOW)
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