Energy Projects Lead 2007 Planned Project Spending for Texas and Louisiana

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Industrial Info Resources (Sugar Land, Texas) is tracking more than $41 billion in planned capital and maintenance projects scheduled to begin construction in 2007 in Louisiana and Texas. Of the total spending, 62.5% will occur in Texas from 430 projects, while the remaining 37.5% is scheduled for Louisiana. Energy-related projects will dominate 2007 project spending, mainly due to a large number of projects to expand coal-fired generation and natural gas distribution on the Louisiana and Texas coast.

Click on the image at right to view a chart showing the breakdown of spending in Texas and Louisiana by industry.

On the books for Louisiana is the massive $5 billion coal gasification plant being developed by Synfuel, Incorporated (Baton Rouge, Louisiana). If built, the project would provide a much need economic boost for the Louisiana Gulf Coast region. Other mega-projects are being developed in both Louisiana and Texas including major grassroot construction projects and existing plant expansions to add coal-fired generation as well as several LNG receiving terminal projects.

Construction is expected to begin in March 2007 on a grassroot natural gas processing plant for Enbridge Energy Partners LP (Houston, Texas). The plant will be constructed near Marquez, Leon County, Texas, and is part of a larger $530 million East Texas Pipeline Expansion Project, which will see a new natural gas pipeline constructed from Orange County, Texas to Bethel, Texas.

Other industries with big spending plans for the area in 2007 include the Petroleum Refining Industry with $3.9 billion planned from 99 projects, the Industrial Manufacturing Industry with $2.6 billion from 79 projects, and the Chemical Processing Industry with $2.3 billion from 181 projects.

For details on industrial project spending contact Industrial Info’s Member Center at 1-800-762-3361.

Industrial Info Resources (IIR) is a Marketing Information Service company that has been doing business for over 23 years. IIR is respected as the leader in providing comprehensive market intelligence pertaining to the industrial processing, heavy manufacturing, and energy-related industries throughout the world.