Join us on May 21st for our 2025 Global Chemical Processing Project Spending Outlook! RSVP Today!
Sales & Support: +1 800 762 3361
Member Resources
MPLX Cancels Permian Pipeline, Ford Halts Plant Expansion as COVID-19 Delays Mount

SUGAR LAND--May 7, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--As U.S. officials grapple with the ever-growing list of COVID-19 cases, industrial leaders are conveying uncertainty as to how truly long-lasting the impact will be on the markets. This list of project delays and cancellations is growing at a fast pace, even in recently prosperous places like the Permian Basin. Industrial Info is tracking about $900 billion in active projects worldwide that have been delayed or otherwise affected by COVID-19, including nearly $170 billion worth in the U.S. Within this article: Details on how U.S. industrial leaders such as Royal Dutch Shell plc (NYSE:RDS.A), Ford Motor Company (NYSE:F), MPLX LP (NYSE:MPLX), Cheniere Energy Incorporated (NYSE:LNG) and Nucor Corporation (NYSE:NUE) are handling their delayed or canceled projects as the near-term outlook worsens.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×
Contact Us

For More Info!