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...While drilling demand in the U.S. is slowing, that doesn't appear to be hindering the overall activity of energy services provider Wood Group plc (Aberdeen, Scotland). This week, the company said it expects adjusted earnings before interest, tax, depreciation and amortization to be between $850 million and $860 million for 2019, compared with $693.8 million in 2018....
...After facing its worst slowdown of the last two decades in 2019, India's automotive sector is keeping its hopes high for relief from Indian Finance Minister Nirmala Sitharaman's Union Budget, to be presented on February 1....
...Industrial Info is tracking 50 active chlor-alkali projects, worth more than $607 million, in Japan...
...Located on India's tropical Malabar Coast, the state of Kerala has experienced strong economic growth, with one of the highest per-capita income levels in India, signaling a wider distribution of wealth and greater job opportunities....
...Industrial Info is tracking 10 meat and poultry plants in India....
...The Philippine Nickel Industry Association (PNIA) and the government's Department of Trade and Industry (DTI) and Department of Environmental and Natural Resources (DENR) are drafting a road map for the Philippines' nickel market...
...Industrial Info is tracking 35 active agricultural projects, worth more than $102 million, in Japan's Chemical Processing Industry...
...Industrial Info is tracking 256 scheduled maintenance projects for the Chemical Processing Industry in South Korea for 2020, with an estimated investment of $254 million. Click here for a list of projects and see the graph below for a breakdown by kickoff date....
...The Indian state of Maharashtra sees tremendous growth potential in coming years' investment in multiple sectors. Major investments are being made in the maritime sector and airports, along with solar power and shipyards. The state has two major ports: Mumbai Port and Nhava Sheva Port, which have expansion plans in the coming years.
Industrial Info is tracking $5.6 billion in the state's transportation systems projects. Click here for a list and see map below....
Industrial Info is tracking $5.6 billion in the state's transportation systems projects. Click here for a list and see map below....
...Formosa Plastics will see the following events during the first quarter this year at its Point Comfort, Texas, plant:
Start of production at its new 2.65 billion pound-per-year Olefins 3 unit, as production ramps up to 100% on-spec operations; and commissioning of its new, 881 million pound-per-year low density polyethylene (LDPE) unit. Also, construction of its new, 551 million-pound-per-year Polypropylene 3 unit is expected to be completed during first-quarter 2021.
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...Industrial Info is tracking 129 capital Oil & Gas projects in India worth $8.77 billion that are set to be completed in the first half of 2020....
...Vietnam's cement sector is preparing to begin construction in 2020 on several facility expansion projects that are awaiting government approval, with some cement makers preparing to commission new production lines...
...Industrial Info is tracking 654 active projects, worth more than $5.6 billion, in South Korea's industrial gas sector...
...PT Multi Nitrotama Kimia (MNK), a subsidiary of Dyno Nobel, is contracted to handle blasting services at PT Bumi Suksesindo's (BSI) Tujuh Bukit Mine, Banyuwangi gold mine in East Java, Indonesia, up to 2024....
...With tension in Iran and an economic downturn in countries like Syria and Yemen, the Middle East's industrial outlook seems to be sluggish as of now. However, countries like Saudi Arabia, United Arab Emirates and Oman are giving a glimmer of hope for a better future with huge investment toward transportation and industrialization in several other sectors. Investment projects will kick off in sectors like data centers, warehousing, transportation and heavy manufacturing in 2020.
Industrial Info is tracking 340 such projects worth $20.85 billion in the Middle East. Click here for a list of projects and see graph below for investment by country....
Industrial Info is tracking 340 such projects worth $20.85 billion in the Middle East. Click here for a list of projects and see graph below for investment by country....
...Pilipinas Shell Petroleum Corporation (Pilipinas Shell) has reported that its Shell Tabangao Refinery, located in Batangas Province, Philippines, and just 30 kilometers from the erupting Taal Volcano, remains operational....
...Citgo Petroleum began four to six weeks of planned maintenance on the 52,000-BBL/d Reformer C unit on January 14 at its 420,000-BBL/d Westlake (Lake Charles), Louisiana, refinery.
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...The global Pharmaceutical-Biotech Industry is maintaining a healthy pipeline of future projects. More than half of which have a future kickoff date...
...India's automotive sector is facing its worst slump in 18 years as foreign-based manufacturers are going home...
