DACH Chemical Producers to Spend $390 Million+ to Boost Plant Efficiency, an Industrial Info Market Brief

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Chemical manufacturers in the DACH region (Germany, Austria and Switzerland) are shifting focus to large-scale modernization projects to increase process efficiencies and reduce downtime. Most of the spending is in the petrochemical sector, which accounts for nearly 80% of investments expected to be completed over the next two years.

Industrial Info is tracking 38 modernization, upgrade, optimization and automation projects, worth $390 million, intended to increase throughput at existing chemical plants. Click here for a list, and see graph below for a breakdown by industry sector.