Texas Chemical Industry Looks for Much Better Prospects in 2010, an Industrial Info News Alert
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HUN | Quote | Chart | News | PowerRating -- Researched by Industrial Info Resources (Sugar Land, Texas) -- After
a predictably dismal year in 2009 for the Chemical Processing
Industry (CPI) in Texas, a stronger outlook for 2010 appears to be in
the making. Texas CPI plant owners saw more than $900 million in
projects placed on indefinite hold or canceled entirely this year. As
2010 approaches, CPI project activity currently reported in Texas
shows an increase in overall capital and maintenance spending by an
estimated 36%, with the total investment value totaling more than
$1.5 billion.
Other companies featured: Huntsman Corporation (NYSE:HUN)
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Contact:
Joe Govreau
713-783-5147
SOURCE: Industrial Info Resources
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