Alabama Proves that U.S. Deep South has Deep Pockets for Spending on Chemical Plants

SUGAR LAND--September 26, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Plans to invest billions of dollars in plant growth projects around the U.S. have centered primarily on the shale formations in the Northeast, the Midwest and the Southwest regions, which produce an inexpensive natural gas. The power-player states of Texas and Louisiana have overshadowed the Southwest reason for some time; however, Industrial Info is tracking 36 Chemical Processing Industry (CPI) projects in Alabama with a potential spending of $1.7 billion.

Other companies featured: BP plc (NYSE:BP)