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Average Project Investment Value for North American Chemical Projects Increases Slightly in 2008

SUGAR LAND--August 14, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The average total investment value (TIV) for projects planned this year in North America's Chemical Processing Industry (CPI) is $11.9 million, up slightly from earlier this year when it was reported to be $10.8 million. This increase is small, although significant when considering the level of market volatility seen so far this year and the uncertainties that cloud the long-term outlook. Even as we have experienced record energy costs in domestic markets and suffered from credit market woes, the North American CPI seems to be holding its momentum as the year continues forward.

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Industry Segment: Chemical Processing
Word Count: 439 Words

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