Industrial Hotspots: Plastic & Resin Producers Show Strong Year Of Investment
There are approximately 450 plants currently operating in this segment of the
CPI in the U.S. and Canada, employing an estimated 96,800 people. Industrial
Info is already tracking nearly $1.2 billion in capital and maintenance
activity planned to begin construction in 2008 from just 53 total projects.
Although planned maintenance turnaround activity is only a small portion of the
overall spending in this industry segment, the total investment value (TIV) of
reported turnarounds for 2008 already equals that of 2007 from just half as
many individual projects. These turnaround events equal a substantial
opportunity not only for equipment and service providers, but also for catalyst
companies offering the newest and most advanced technology for an aging
population of the CPI’s plant using catalyst technology from a decade ago or
more.
Here are some noteworthy industrial project trends, as reported by Industrial
Information Resources
(www.industrialinfo.com).