2008 Brings Large Investment to European Chemicals Market
2008 Brings Large Investment to European Chemicals Market
SUGAR LAND--June 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Since the beginning of 2008, Industrial Info has reported over $3.5 billion worth of investment in the European chemicals market, representing an increase of 30% from the same period last year. Germany is the largest contributor with six projects representing a combined investment of $1.2 billion. Two projects that significantly contribute to this investment amount are Wacker Chemie AG's (FRA:WCH) (Munich, Germany) polysilicone expansions II & III, which cost an estimated $375 million and $535 million, respectively.
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