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Which Projects Have Been Delayed by COVID-19? Industrial Info Has the Answers

Industrial Info's researchers have created two searches to assist subscribers in quickly identifying projects and offline-unit events that have been impacted or delayed as a result of COVID-19

Released Thursday, March 26, 2020

Which Projects Have Been Delayed by COVID-19? Industrial Info Has the Answers

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Researched by Industrial Info Resources (Sugar Land, Texas)--As COVID-19 continues to spread and disrupt markets, Industrial Info's global research team is keeping tabs on the changing schedules for projects across all major industries, ranging from big-ticket investments to routine maintenance. Industrial Info's researchers have created two searches to assist subscribers in quickly identifying projects and offline-unit events that have been impacted or delayed as a result of COVID-19.

Globally, more than 800 projects worth about $100 billion are confirmed to have been impacted. Click here for a list.

For a list of offline events that have been impacted, click here.

Results from the above links will be limited to the parameters of the subscription used to access them. Industrial Info encourages subscribers to visit these links daily, as research teams are constantly releasing updates.

AttachmentClick on the image at right for a graph detailing global projects to be affected by COVID-19, by industry.

A variety of sectors within the energy markets are seeing projects pushed back. Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands) is re-evaluating plans for its Falcon Pipeline System, which is designed to transport up to 107,000 barrels per day (BBL/d) of ethane nearly 100 miles across three states. It includes a $100 million Ohio segment, $90 million Pennsylvania segment and $15 million West Virginia segment. All three segments had been under construction since July 2019 and were set to be completed mid-summer, but now could face substantial delays. For more information, see Industrial Info's project reports on the Ohio, Pennsylvania and West Virginia segments.

The Falcon Pipeline System will support Shell's estimated $6 billion ethylene complex in Monaca, Pennsylvania, one of the largest chemical projects in the nation. Last week, Shell announced it would send home 6,000 construction workers from the massive project for an undetermined time; see March 20, 2020, article - Pennsylvania Shuts Down Amid COVID-19, with $48 Billion in Projects in the Balance.

Maintenance-related projects also are facing delays. INEOS Olefins & Polymers USA (League City, Texas), a division of INEOS Group AG (London, England), is considering a suspension of its planned $60 million turnaround on Olefins Unit 2 at its Chocolate Bayou Olefins Plant in Alvin, Texas. The turnaround on the 1.7 billion-pound-per-year ethylene and propylene unit is currently set to begin in April and last into July. For more information, see Industrial Info's project report.

Among the power-generation projects facing delays is Total S.A.'s (NYSE:TOT) (Paris, France) $220 million solar power plant in Newberry Springs, California, which is designed to generate 200 megawatts (MW) from a trio of solar arrays with ground-mounted, single-axis photovoltaic (PV) panels. Completion had been expected in May, but Governor Gavin Newsom's shelter-in-place order has delayed it to sometime around October. For more information, see Industrial Info's project report.

The Automotive Industry has seen a swath of grassroot and expansion projects pushed back, including two in Alabama: Hyundai Motor Group's (Seoul, South Korea) $410 million vehicle assembly plant expansion in Montgomery and Bocar Group's (Mexico City, Mexico) $115 million auto parts plant in Tanner. Both projects were under construction and have been shut down for a yet-to-be-determined time. For more information, see Industrial Info's reports on the Montgomery and Tanner projects.

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/.
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