Houston Abounds with Refinery, Petchem Projects Despite Weakened Economy
SUGAR LAND--November 12, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--A newly released survey indicates the economy in Houston, Texas, has weakened for the 10th month in a row. With its massive array of refineries, terminals and petrochemical plants, the U.S. energy hub has been hard hit by the collapse of oil and gas prices. Still, Houston and the surrounding Harris County are home to 364 active projects being tracked by Industrial Info, with a combined worth of $31.66 billion. Significantly, construction is under way on nearly two-thirds of those projects, with a combined value of $10.4 billion.
Within this article: Details of top ethylene projects in the Houston region, including two in Baytown, Texas.
Additional companies: Fluor Corporation (NYSE:FLR), Chevron Corporation (NYSE:CVX), Phillips 66 (NYSE:PSX), Exxon Mobil Corporation (NYSE:XOM)
