Industrial Info is tracking more than $2 billion in scheduled maintenance projects that are set to kick off in March, nearly half of which are attributed to the Power Generation Industry.
With a major U.S. polyethylene unit addition planned for completion this year and a ramp-up in construction of a propylene oxide/tertiary butyl alcohol (PO/TBA) plant, LyondellBasell's 2019 capital expenditure budget amounts to $2.8 billion, up from $2.1 billion in 2018.
This year is set to be a strong one for the U.S. sector. Earlier in February, Exxon Mobil Corporation and Qatar Petroleum reached a positive final investment decision to proceed with construction of the Golden Pass LNG project in Sabine Pass, Texas.
Industrial Info's North American Industrial Project Spending Index, which measures the value of active projects in the pipeline for the year, registered a 2.84% increase in January.
Industrial Info is pleased to be hosting two outlook events (one webinar, one live event) on the spending outlook for the Asia-Pacific (APAC) region in March.
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.