Pipelines
Texas Industrial Projects at $27.5 Billion for 2012
Oil & Gas Industries including Terminals, Transmission and Production account for 38% of the activity in Texas with $10.5 billion worth of projects
Released Friday, June 01, 2012
Researched by Industrial Info Resources (Sugar Land, Texas)--It's getting hot in Texas and not just because of the weather. Industrial firms are developing more than 1,400 industrial projects in the Lone Star State across twelve industries including Power, Terminals, Oil & Gas Transmission, Oil & Gas Production, Alternative Fuels, Petroleum Refining, Chemicals Processing, Metals & Minerals, Pulp & Paper, Food & Beverage, Industrial Manufacturing and Pharma-Biotech. These projects total more than $158 billion according to Industrial Info. Of that total for 2012 there are 669 industrial projects totaling $27.5 billion which have already started construction or are scheduled to begin construction in Texas.
Oil & Gas Industries including Terminals, Transmission, Production account for 38% of the activity in Texas with $10.5 billion worth of projects. After Oil & Gas comes the Power Industry with $7.8 billion.
One of the companies involved in numerous projects in Texas is Midstream Partners LP (Tulsa, Oklahoma). Construction is scheduled to begin during the second half of 2012 on the Longhorn Pipeline retrofit, a Houston to El Paso pipeline project, for Magellan Midstream Partners LP (Tulsa, Oklahoma). The project will reverse the flow of the pipeline to allow for crude oil to move from Crane, Texas to Magellan's East Houston Terminal.
View Project Report - 300047796
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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.
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