SUGAR LAND, TX, Jun 24 (MARKET WIRE) —
Researched by Industrial Info Resources (Sugar Land, Texas) — The
Chemical Processing Industry (CPI) in the United States and Canada has
had its fair share of hurdles this year with record highs in crude oil.
Financial market woes do not seem to be dragging down optimism for the
upcoming year.
Industrial Info is tracking an estimated $8.2 billion in
CPI capital and maintenance projects planned to begin construction in
2009 in these two countries. This outlook is only slightly behind a
similar survey conducted last year for 2008, when the total was estimated
at $8.6 billion.