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January 2016: In this Issue...

Low NGL Prices Perplex Producers

IIR Family Grows Across the Globe

North American Construction Starts

Oil & Gas Asset Sales

Upcoming Tradeshows & Events

New Products & Resources

Who is Industrial Info? (Video)

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Low NGL Prices Perplex Producers, but Chemicals Industry Reaps Bargains Low NGL Prices Perplex Producers, but Chemicals Industry Reaps Bargains

The epic boom in North American shale gas development has unleashed a rapid growth in facilities related to the production and processing of natural gas liquids (NGL), with more than $27 billion worth set to begin construction in the U.S. and Canada this year. But with NGLs such as ethane, propane and butane hitting the market in large quantities, NGL producers now must face the specter of a supply glut, which likely will continue to suppress prices, and thus margins.

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Our Family Grows Across the Globe! Our Family Grows Across the Globe!

Rapid growth in the global energy market has spurred a wide variety of project development, and Industrial Info has risen to the challenge with close to 100,000 active projects now tracked in its database!

That includes 11,000 projects in Oil & Gas Production, Pipelines and Terminals. To meet growing demand for high-quality data, Industrial Info last year opened a new office in Galway, Ireland, and gave its Oil & Gas team a new home at one of its three Sugar Land offices!

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North American Construction Starts - Low Commodity Prices Pummel Dollar Value of Kickoffs

North American Construction Starts - Low Commodity Prices Pummel Dollar Value of Kickoffs

Although a larger number of North American projects began construction in 2015 when compared with 2014, the total investment value for kickoffs declined from the previous year. A total of 9,041 projects tracked by Industrial Info began construction last year, a 17.4% increase; however, the cumulative amount spent stood at $244.74 billion, a 14.5% decrease.

The steepest decline in investment value was in the Metals & Minerals Industry, where spending fell 45.9% to $16.36 billion.

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Oil & Gas Asset Sales, Bankruptcies are Expected to Continue in 2016

Oil & Gas Asset Sales, Bankruptcies are Expected to Continue in 2016

Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The income statements of Oil & Gas Producers took a severe beating in the third quarter, with more than $43 billion of write-downs to reflect the reduced value of reserves, according to data compiled by Industrial Info and EnerCom Incorporated (Denver, Colorado), an industry consultancy. The $43 billion is not a comprehensive total, as results from smaller companies and private firms were not included.

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upcoming shows Upcoming Tradeshows & Events

Click below to learn more about upcoming tradeshows where Industrial Info will be exhibiting and events that we will be hosting.

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2015 Map Gulf Coast New Products & Resources

North America Chemical Processing Industry Potential Spending Activities - 2016 Edition

Industrial Info's North American Chemical Processing Industry Potential Spending Activities Wall Map provides an overview of 2,600+ Chemical Processing Industry projects...

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