Industrial Projects Under Construction in Texas Total $25 Billion

---

Researched by Industrial Info Resources (Sugar Land, Texas)--The total investment value (TIV) of industrial projects under construction in Texas is at $25 billion from 182 projects. This is up slightly from a February 2008 analysis revealing $24 billion in industrial projects under construction from 163 projects. For details on the previous analysis, see related February 25, 2008, news article - Industrial Projects Under Construction in Texas Exceed $24 Billion.

Click on the image at right to view a chart showing the breakdown of spending by industry for industrial construction projects in Texas.

The Power Industry accounts for about one-third of the projects under construction in Texas, with 26 projects totaling $8.5 billion. The Industrial Manufacturing Industry has 18 projects under construction in the state totaling $7 billion. Oil & Gas Industry projects, including Refining, Production, Transmission and Terminal projects, account for 76 projects totaling $5.9 billion.

Since August 2008, 19 projects totaling more than $1.5 billion in industrial project work has begun construction in Texas. For example, construction recently began on the grassroot Midcontinent Express natural gas pipeline project, a 493-mile project, which includes the construction of 40 miles of 30-inch-diameter natural gas transmission pipeline cutting across northeast Texas as it traverses from Oklahoma to Louisiana. Midcontinent Express Pipeline LLC is a 50:50 joint venture between Kinder Morgan Energy Partners LP (NYSE:KMP) (Houston, Texas) and Energy Transfer Partners L.P. (NYSE:ETP) (Dallas, Texas). The project includes a new compressor station being constructed near Paris, Texas. The compressor station includes three 8,000-horsepower engine-driven compressor units. Ranger Plant Constructional Company Incorporated (Abilene, Texas) is the general contractor for the project.

Despite construction delays related to Hurricane Ike, construction is progressing on the second phase of the Golden Pass LNG project near the Louisiana/Texas border.

In West Texas, Lazarus Energy Holdings LLC (Houston, Texas) is restarting a refinery in Nixon, Texas.

View Project Report - 01011360 01011237

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.