Industrial Market Outlook in Review: North America Prepares for Methanol Wave

SUGAR LAND--January 27, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--The freefall in oil prices is not expected to halt the wave of new North American Chemical Processing Industry project spending, according to Industrial Info's Trey Hamblet, vice president of global research, chemical processing industry. Led by methanol projects, the value of construction kickoffs in the U.S. and Canada this year is primed to equal or exceed last year's total, he told the audience at last week's 2016 Industrial Market Outlook & Networking Event in Houston, Texas. Within this article: Details of new North American methanol, ethanol and ammonia project developments. Additional companies: Axiall Corporation (NYSE:AXLL)