Harris County, Texas Industrial Projects Totaling $7 Billion Begin to Mount

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Researched by Industrial Info Resources (Sugar Land, Texas)--Harris County, Texas, breadbasket of the Gulf Coast industrial market, currently has more than $7 billion of major industrial projects scheduled to begin construction in 2009 or beyond. Currently, 179 projects are being evaluated, including $2.8 billion for Power Generation projects, $2.1 billion for Industrial Manufacturing projects, $1 billion for Chemical Processing projects and $751 million for Petroleum Refining projects.

Click on the image at right to view a chart showing the breakdown of Harris County industrial projects by industry.

With $2.8 billion from 17 projects, the Power Industry accounts for 40% of the total value of industrial projects in Harris County. Companies such as Calpine Corporation (NYSE:CPN) (San Jose, California), NRG Texas LLC (Houston, Texas) and Thermal Energy Corporation (Houston) each have a number of projects ongoing in Harris County. At the Sam Bertron Power Station in Deer Park, Texas, NRG Texas LLC, a subsidiary of NRG Energy Incorporated (NYSE:NRG) (Princeton, New Jersey), is planning to repower a unit with a new 689-megawatt integrated gasification combined-cycle (IGCC) unit. Construction is not expected to begin until 2010.

The Chemical Processing Industry is by far the busiest industry in Harris County with 90 projects totaling $1 billion. In one of the larger Chemical Processing Industry projects, Shell Chemical Company is planning a $30 million turnaround at its Deer Park Petrochemical Plant. The 30-45 day maintenance turnaround is scheduled to begin in October 2009.

With the recent federal stimulus plan, Harris County has accelerated plans to build four light-rail lines to complement the existing line running along Main Street in downtown Houston.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.