German Chemical Producers Plan $1 Billion in 2023 Capital Kickoffs

NEW DELHI--July 19, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Germany's chemical producers are set to begin construction on more than 80 capital-spending projects in 2023, worth about US$1.7 billion. The investment includes unit additions, capacity expansions and grassroot and modernization projects, among others.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

Other investments are in the plastic-recycling sector, and for optimizing and modernizing units to reduce carbon emissions.