Investments in Storage Tanks Remain a Staple in the Chemical Processing Industry

SUGAR LAND--May 27, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The matter phase of most chemicals both processed and produced in a chemical plant are in the form of a liquid or gas. For this reason, it is not surprising that the construction of new storage tanks and tank repairs are among the most common projects routinely found in chemical plants. Industrial Info is tracking nearly 170 Chemical Processing Industry (CPI) capital projects, in which a new tank installation or major repair has been identified, that are planned to kick off over the next 12 months as part of the North American Project Database