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U.S. ethylene projects amounting to about 7.5 billion pounds per year in new and restarted capacity have been completed so far this year, with an additional 2.6 billion pounds of new capacity planned for completion by yearend, as the U.S. feedstock cost advantage continues to attract investment.
Industrial Info's North American Industrial Project Spending Index, which measures the value of active projects in the pipeline for the year, registered a 7.84% increase in September compared with the same month in 2018. The active project value was $360.3 billion, up by $26.18 billion.
Engineering, procurement and construction (EPC) giant Bechtel Incorporated (San Francisco, California) ranked No. 1 on Engineering News-Record's 2019 Top 400 Contractors list earlier this summer, as the company continues to aggressively pursue contracts in the fastest-growing sectors of the energy market.
Industrial Info's coverage of the Industrial Manufacturing Industry encompasses a broad array of sectors, including heavy manufacturing, data centers, port and rail projects, automotive, and warehousing and distribution centers. Industrial Info is tracking more than $1.6 trillion in active Industrial Manufacturing projects throughout the world.
Industrial Info is pleased to be presenting a complimentary webinar on the outlook for spending in the global Power Industry. The webinar will be held Wednesday, November 6, at 9 a.m. CDT (10 a.m. EDT). Join Britt Burt, Industrial Info's vice president of Power Industry research, and Shaheen Chohan, vice president of Global Analytics, as they discuss the spending outlook for this dynamic industry.
Industrial Info Resources is pleased to present our upcoming market outlook schedule focusing on our core industries. Click below to learn more about upcoming events where Industrial Info will be hosting.
