Released June 08, 2021 | NEW DELHI
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Europe's DACH region (Germany, Austria and Switzerland) is expected to see $3.85 billion invested across 387 active projects in its petrochemical market, ranging from repairs to capacity expansions, unit additions and grassroot projects.
More than $1 billion worth of investments in DACH's petrochemical market have been delayed due to the COVID-19 pandemic. Projects affected include Ineos Koeln's new combined-cycle captive power plant, which has been delayed about one year, and HCS Group GmbH's new hydrogenation unit construction, which has been delayed about six months.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of projects in DACH's petrochemical market that have been delayed, canceled or otherwise affected by the COVID-19 pandemic.
Click on the image at right for a heat map of DACH petrochemical projects delayed by COVID-19, from Industrial Info's Geolocator tool.
DACH's petrochemical market includes seven grassroot projects worth $1.24 billion; 23 unit additions worth $1.1 billion; and 20 plant expansions worth $190 million. Other investments include plant closures, equipment additions, debottleneck, upgrades, maintenance, etc.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a full list of active projects in DACH's petrochemical market.
Major petrochemical players in the DACH region include BASF (Ludwigshafen, Germany), Bayer (Leverkusen, Germany), Lanxess AG (Cologne, Germany), LyondellBasell Industries NV (Rotterdam, The Netherlands), Dow Chemical Company (NYSE:DOW) (Midland, Michigan) and Evonik (Essen, Germany).
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
More than $1 billion worth of investments in DACH's petrochemical market have been delayed due to the COVID-19 pandemic. Projects affected include Ineos Koeln's new combined-cycle captive power plant, which has been delayed about one year, and HCS Group GmbH's new hydrogenation unit construction, which has been delayed about six months.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of projects in DACH's petrochemical market that have been delayed, canceled or otherwise affected by the COVID-19 pandemic.
Click on the image at right for a heat map of DACH petrochemical projects delayed by COVID-19, from Industrial Info's Geolocator tool.DACH's petrochemical market includes seven grassroot projects worth $1.24 billion; 23 unit additions worth $1.1 billion; and 20 plant expansions worth $190 million. Other investments include plant closures, equipment additions, debottleneck, upgrades, maintenance, etc.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a full list of active projects in DACH's petrochemical market.
Major petrochemical players in the DACH region include BASF (Ludwigshafen, Germany), Bayer (Leverkusen, Germany), Lanxess AG (Cologne, Germany), LyondellBasell Industries NV (Rotterdam, The Netherlands), Dow Chemical Company (NYSE:DOW) (Midland, Michigan) and Evonik (Essen, Germany).
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
