A wide variety of industrial sectors in the U.S., from power generation to chemical processing, are seeing projects that previously had been canceled or placed on hold return to an active status. Industrial Info is tracking nearly $2.8 billion worth of projects that have had their restarts verified within the past year and are set to begin construction before the end of the summer.
Rare Earth elements were back in the news recently after Chinese media outlets hinted China could restrict rare-earth exports to the U.S. as part of the ongoing trade tensions between the two nations. Industrial Info is tracking more than $9.5 billion in rare-earth mining project activity.
The U.S. Energy Information Administration (EIA) reports that production of hydrocarbon gas liquids (HGLs) in the U.S. increased by 500,000 barrels per day (BBL/d) last year over 2017 levels, reaching 5 million BBL/d. Most of the increase in HGLs came from natural gas liquids (NGLs), which include ethane, propane, normal butane, isobutane and natural gasoline.
Despite a near halt in the construction of new nuclear power units for the past 30 years, the U.S. remains the world's largest producer of nuclear power, with 98 operating reactors producing 807 billion kilowatt-hours (kWh) in 2018, about 20% of the nation's total electrical output, according to the World Nuclear Association.
Industrial Info is pleased to be presenting a complimentary webinar on the outlook for the global on July 18 at 9 a.m. CDT (10 a.m. EDT).
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.