In the June 12 webinar regarding spending in the global Power Industry, Britt Burt, Industrial Info's vice president of Power Industry research, and Shaheen Chohan, vice president of Global Analytics, discussed how spending in the industry is shaping up around the world and the different trends and drivers influencing each geography. While certain trends, such as the growth in renewables, can be seen occurring throughout the world, each region has its own unique characteristics.
Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Southwest region, particularly the Gulf Coast, may account for the bulk of Petroleum Refining Industry kickoffs for 2018, but the Midwest and Rocky Mountain regions are looking at a fairly strong investment value for their own refining projects. Industrial Info is tracking $1.14 billion in refining-related projects that are set to begin construction in the two regions before the end of the year, almost 75% of which is attributed to projects in North Dakota and Utah.
Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Decommissioning and demolishing fossil-fueled power plants owned by power companies in the U.S. is a somewhat modest business today, but it likely will become a much larger business in the coming years, as scores of power plants that have been mothballed, shuttered or closed in recent years are torn down.
Researched by Industrial Info Resources (Sugar Land, Texas)--All good things must come to an end, and so it goes for nearly $11 billion worth of U.S. petrochemical projects being tracked by Industrial Info that are expected to see completion in the second half of 2018. Included in the multitude of planned completions are four major projects that will add 3.64 million metric tons per year of ethylene production capacity.
Researched by Industrial Info Resources (Sugar Land, Texas)--The Oil & Gas Pipeline Industry is racing to keep pace with the growth of natural gas production in the Marcellus and Utica shale plays, and the U.S. Energy Information Administration (EIA) expects the U.S. Northeast region to see a record buildout in pipeline capacity this year. Industrial Info is tracking more than $2.6 billion in active natural gas pipeline projects that are set to begin construction in these regions before the end of the year.
Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Oil & Gas producers continue to be vexed by low prices for natural gas and natural gas liquids (NGLs), but chemical processors are welcoming the abundance of low-cost feedstocks for their products. Flat and stable prices for natural gas and NGLs are giving U.S. and Canadian chemical processors a competitive advantage over rivals who use naphtha for their feedstock. At current prices of about $70 per barrel, crude oil is about 24 times the price of natural gas on a BTU-equivalent basis
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.