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The Number of Projects Identified With Selections for Major Contractors and E&C Firms in the Chemical Processing Industry Continues to Rise
Tuesday August 14, 7:01 am ET

SUGAR LAND, TX--(MARKET WIRE)--Aug 14, 2007 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Most every major capital project requires some type of engineering or architectural support by an E&C or professional services contractor. The number of chemical projects planned in the United States and Canada for 2007 with this type of award or selection currently exceeds $2.9 billion from just 140 individual projects making the average project total investment value (TIV) greater than $20 million. This number has almost doubled since the first of the year when Industrial Info was tracking approximately 72 CPI projects planned for 2007 with this type of service already identified.

Source: Industrial Info Resources

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