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Researched by Industrial Info Resources (Sugar Land, Texas)--While the rate of projects affected by COVID-19 has lessened in recent weeks, Industrial Info still is uncovering those that have been delayed, placed on hold or otherwise affected. The industrial landscape remains significantly altered from what it was only a few short months ago.
To this end, Industrial Info will be presenting complimentary, online Mid-Year North American Outlook webinar sessions on June 3 and 4, at 10 a.m. and 1 p.m. CDT each day. Each presentation will include two to three sessions covering different aspects of the outlook for project activity in the U.S. and Canada, lasting approximately 15 to 20 minutes each.
The schedule be as follows:
Wednesday, June 3, 10 a.m.
Macro Outlook, Chemical Processing, Metals & Minerals
Industrial Info is tracking more than $56.8 billion in North American Chemical Processing projects affected by the pandemic, including more than $500 million in planned maintenance. For more information, see the most recent edition of the NavigatIIR online newsletter. Industrial Info is tracking more than $26.6 billion U.S. and Canadian Metals & Minerals that have been affected by COVID-19, including $5.5 billion at steel mills. Among the largest of these is Nucor Corporation's (NYSE:NUE) (Charlotte, North Carolina) planned grassroot steel plate mill in Brandenburg, Kentucky. Construction was planned to kick off earlier this year, but it has been paused indefinitely because of the coronavirus. For more information, see Industrial Info's project report.
Wednesday, June 3, 1 p.m.
Natural Gas and Crude Oil & Petroleum Refining
With low fuel demand, North American refineries have taken a hit, with many curtailing throughput for economic reasons. Among the capital projects affected by the coronavirus is Husky Energy Incorporated's (TSX:HSE) (Calgary, Alberta) upgrade of its refinery in Superior, Wisconsin. The project kicked off last year and entails increasing the capacity of the Crude & Vacuum Unit from 38,000 barrels per day (BBL/d) to 43,000 BBL/d and rebuilding the 11,000-BBL/d fluid catalytic cracking unit (FCCU). The project was planned to be completed toward the end of this year, but the completion date has now been stretched into 2022. For more information, see Industrial Info's project report.
Thursday, June 4, 10 a.m.
Spending Forecast Update, Power, Industrial Manufacturing
While the Power sector has remained comparatively resilient in the midst of the pandemic, U.S. power demand has declined significantly. Among the projects most affected by COVID-19 are solar and wind projects, many of which rely on foreign-manufactured components and are being delayed because of safety regulations limited the number of people at worksites. In the Industrial Manufacturing Industry, Industrial Info has seen a large number of automotive projects affected by COVID-19, ranging from vehicle assembly plants to tire manufacturing. Among the projects that were planned for completion earlier this year is Fiat Chrysler Automobiles NV's (NYSE: FCAU) (London, England) conversion and expansion of its plant in Detroit, Michigan. The project involved expanding the plant by 600,000 square feet to accommodate the production of Jeep automobiles and a new plug-in hybrid vehicle. For more information, see Industrial Info's project report .
Thursday, June 4, 1 p.m.
Food & Beverage, Pulp & Paper and Pharmaceutical-Biotech
Within the U.S. Food & Beverage sector, one of the biggest hits has taken by meat processing plants, where employees work in close proximity and have been subject to the spread of COVID-19. An industry that stands to potentially become stronger from the pandemic is the Pharma-Biotech sector, which has been quite responsive in project activity for products including facemasks, testing kits and production facilities for a future vaccine. Examples include Pfizer Incorporated's (NYSE:PFE) (New York, New York) renovation of plants in Andover, Massachusetts, and Chesterfield, Missouri, to manufacture a vaccine when it becomes available. For more information, see Industrial Info's project reports on the Massachusetts and Missouri projects.
We hope you will be able to join us for these webinars as our industry experts provide forecasts and guidance on the much-changed outlook for the remainder of this year and 2021. Make sure to RSVP today!
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
To this end, Industrial Info will be presenting complimentary, online Mid-Year North American Outlook webinar sessions on June 3 and 4, at 10 a.m. and 1 p.m. CDT each day. Each presentation will include two to three sessions covering different aspects of the outlook for project activity in the U.S. and Canada, lasting approximately 15 to 20 minutes each.
The schedule be as follows:
Wednesday, June 3, 10 a.m.
Macro Outlook, Chemical Processing, Metals & Minerals
Industrial Info is tracking more than $56.8 billion in North American Chemical Processing projects affected by the pandemic, including more than $500 million in planned maintenance. For more information, see the most recent edition of the NavigatIIR online newsletter. Industrial Info is tracking more than $26.6 billion U.S. and Canadian Metals & Minerals that have been affected by COVID-19, including $5.5 billion at steel mills. Among the largest of these is Nucor Corporation's (NYSE:NUE) (Charlotte, North Carolina) planned grassroot steel plate mill in Brandenburg, Kentucky. Construction was planned to kick off earlier this year, but it has been paused indefinitely because of the coronavirus. For more information, see Industrial Info's project report.
Wednesday, June 3, 1 p.m.
Natural Gas and Crude Oil & Petroleum Refining
With low fuel demand, North American refineries have taken a hit, with many curtailing throughput for economic reasons. Among the capital projects affected by the coronavirus is Husky Energy Incorporated's (TSX:HSE) (Calgary, Alberta) upgrade of its refinery in Superior, Wisconsin. The project kicked off last year and entails increasing the capacity of the Crude & Vacuum Unit from 38,000 barrels per day (BBL/d) to 43,000 BBL/d and rebuilding the 11,000-BBL/d fluid catalytic cracking unit (FCCU). The project was planned to be completed toward the end of this year, but the completion date has now been stretched into 2022. For more information, see Industrial Info's project report.
Thursday, June 4, 10 a.m.
Spending Forecast Update, Power, Industrial Manufacturing
While the Power sector has remained comparatively resilient in the midst of the pandemic, U.S. power demand has declined significantly. Among the projects most affected by COVID-19 are solar and wind projects, many of which rely on foreign-manufactured components and are being delayed because of safety regulations limited the number of people at worksites. In the Industrial Manufacturing Industry, Industrial Info has seen a large number of automotive projects affected by COVID-19, ranging from vehicle assembly plants to tire manufacturing. Among the projects that were planned for completion earlier this year is Fiat Chrysler Automobiles NV's (NYSE: FCAU) (London, England) conversion and expansion of its plant in Detroit, Michigan. The project involved expanding the plant by 600,000 square feet to accommodate the production of Jeep automobiles and a new plug-in hybrid vehicle. For more information, see Industrial Info's project report .
Thursday, June 4, 1 p.m.
Food & Beverage, Pulp & Paper and Pharmaceutical-Biotech
Within the U.S. Food & Beverage sector, one of the biggest hits has taken by meat processing plants, where employees work in close proximity and have been subject to the spread of COVID-19. An industry that stands to potentially become stronger from the pandemic is the Pharma-Biotech sector, which has been quite responsive in project activity for products including facemasks, testing kits and production facilities for a future vaccine. Examples include Pfizer Incorporated's (NYSE:PFE) (New York, New York) renovation of plants in Andover, Massachusetts, and Chesterfield, Missouri, to manufacture a vaccine when it becomes available. For more information, see Industrial Info's project reports on the Massachusetts and Missouri projects.
We hope you will be able to join us for these webinars as our industry experts provide forecasts and guidance on the much-changed outlook for the remainder of this year and 2021. Make sure to RSVP today!
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
