U.S. and Canada Complete 123 Chemical Projects in First Quarter

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info Resources tracked 123 Chemical Processing Industry projects that were completed in the first quarter of 2016 in the U.S. and Canada. This number was slightly lower compared with the 131 projects completed in the same period in 2015.

The Southwest region of the U.S. was home to the highest number of completed projects in North America for the quarter, with 65, as well as having the highest overall total investment value (TIV), with approximately $2.9 billion.

The largest individual project completion during the first quarter this year was a urea unit addition at the nitrogen complex in Donaldsonville, Louisiana, owned by CF Industries Holdings Incorporated (NYSE:CF) (Deerfield, Illinois). The $900 million unit addition included a 3,850 ton-per-day (T/d) urea unit utilizing fluid bed granulation technology and CO2 stripping technology. Construction began in September 2013.

CF Industries didn't stop there--it also had three more projects following behind at the Donaldsonville plant:

• an $850 million ammonia unit addition that can produce 3,600 metric T/d of anhydrous ammonia
• a $150 million urea ammonium nitrate (UAN) unit addition that can produce 4,500 T/d of granulated UAN using Pugmill process technology
• a $150 million nitric acid unit addition producing 1,600 metric T/d utilizing ThyssenKrupp Uhde technology

Adding to the high numbers in the region was the completion of a $350 million project by Methanex Corporation (NASDAQ:MEOH) (Vancouver, Canada), which reassembled a second methanol unit at Geismar, Louisiana, after moving it from Punta Arena, Chile. A third unit is still being evaluated for relocation and reassembly, which could begin in 2018.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five 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. 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/.