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Researched by Industrial Info Resources (Sugar Land, Texas)--According to Industrial Info's database, Illinois is expected to see more than $11 billion in planned construction kickoffs for projects in 2015. More than 75% of the activity can be found in four industries: the Power, Chemical Processing, Industrial Manufacturing and Metals & Minerals industries.
Click on the image at right for a graph detailing planned 2015 project kickoffs in Illinois by industry.
The Power Industry leads the pack with nearly $5 billion in projects expected to kick off in 2015, with wind power projects accounting for more than $1.8 billion. Among these is Invenergy LLC's (Chicago, Illinois) $500 million Pleasant Ridge Windfarm in Chatsworth, Illinois. The project, which is expected to begin construction at the end of the first quarter, will utilize 140 General Electric (NYSE:GE) wind turbine generator sets of 1.79 MW each, for a total capacity of about 250 MW.
The Chemical Processing Industry is in second place with about $1.3 billion worth of project set to kick off, including Cronus Chemical's (Chicago) $1.2 billion fertilizer plant in Tuscola, currently set to begin in the third quarter. The plant is expected to produce 800,000 tons per year of ammonia using KBR's (NYSE:KBR) (Houston) "Purifier Ammonia" purification technology, and 1.4 million tons per year of granular urea using Tecnimont USA Incorporated 's (Houston, Texas) Stamicarbon urea technology. Tecnimont is performing engineering, procurement and construction services.
The Industrial Manufacturing Industry is just behind with $1.14 billion in projects, including the $240 million extension of Chicago Transit Authority's Red Line commuter rail, which is slated to begin in the fourth quarter. The 5.3-mile addition will stretch from 95th Street to 130th Street, with three new intermediate stops and a new terminal station at 130th Street. An alternative route will run to Vermont Avenue. Kiewit Infrastructure Corporation (Omaha, Nebraska) is serving as a contractor.
The Metals & Minerals Industry has a little more than $1 billion in projects expected to begin construction in 2015, including Foresight Energy Partners' (Macedonia, Illinois) construction of a coal mine and preparation plant near the city of Macedonia, expected to kick off in the second quarter. The project involves constructing a 12 million- to 14 million-ton-per-year longwall mine and prep plant in the first phase, and a second, similarly sized longwall in a second phase. Foresight Energy Partners is a subsidiary of Cline Resource & Development Company (Beckley, West Virginia).
More than 80% of the projects expected to kick off in Illinois in 2015, about $9.24 billion worth, are currently in the planning stages, where plenty of factors could increase, decrease or totally eliminate the expected spending. About $1.45 billion worth are in the engineering stages, and a little more than $477 million worth already have entered the early construction stages.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Click on the image at right for a graph detailing planned 2015 project kickoffs in Illinois by industry.The Power Industry leads the pack with nearly $5 billion in projects expected to kick off in 2015, with wind power projects accounting for more than $1.8 billion. Among these is Invenergy LLC's (Chicago, Illinois) $500 million Pleasant Ridge Windfarm in Chatsworth, Illinois. The project, which is expected to begin construction at the end of the first quarter, will utilize 140 General Electric (NYSE:GE) wind turbine generator sets of 1.79 MW each, for a total capacity of about 250 MW.
The Chemical Processing Industry is in second place with about $1.3 billion worth of project set to kick off, including Cronus Chemical's (Chicago) $1.2 billion fertilizer plant in Tuscola, currently set to begin in the third quarter. The plant is expected to produce 800,000 tons per year of ammonia using KBR's (NYSE:KBR) (Houston) "Purifier Ammonia" purification technology, and 1.4 million tons per year of granular urea using Tecnimont USA Incorporated 's (Houston, Texas) Stamicarbon urea technology. Tecnimont is performing engineering, procurement and construction services.
The Industrial Manufacturing Industry is just behind with $1.14 billion in projects, including the $240 million extension of Chicago Transit Authority's Red Line commuter rail, which is slated to begin in the fourth quarter. The 5.3-mile addition will stretch from 95th Street to 130th Street, with three new intermediate stops and a new terminal station at 130th Street. An alternative route will run to Vermont Avenue. Kiewit Infrastructure Corporation (Omaha, Nebraska) is serving as a contractor.
The Metals & Minerals Industry has a little more than $1 billion in projects expected to begin construction in 2015, including Foresight Energy Partners' (Macedonia, Illinois) construction of a coal mine and preparation plant near the city of Macedonia, expected to kick off in the second quarter. The project involves constructing a 12 million- to 14 million-ton-per-year longwall mine and prep plant in the first phase, and a second, similarly sized longwall in a second phase. Foresight Energy Partners is a subsidiary of Cline Resource & Development Company (Beckley, West Virginia).
More than 80% of the projects expected to kick off in Illinois in 2015, about $9.24 billion worth, are currently in the planning stages, where plenty of factors could increase, decrease or totally eliminate the expected spending. About $1.45 billion worth are in the engineering stages, and a little more than $477 million worth already have entered the early construction stages.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
