Top 10 Chemical Industry Spenders Contribute More Than $3 Billion to 2012 Capital Spending
Posted on April 13, 2012 at 04:01 AM EDT
SUGAR LAND--April 13, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--The top 10 capital project spenders of the Chemical Processing Industry (CPI) are contributing an estimated $3 billion toward an overall industry total of $8.3 billion based on projects identified by Industrial Info that are planned to begin construction in 2012. Unsurprisingly, projects motivated by cheap natural gas dominate the list of biggest projects. Natural gas prices continue to fall and recently reached lows not seen in nearly 10 years. Companies featured: Westlake Chemical Corporation (NYSE:WLK) , Air Products & Chemicals Incorporated (NYSE:APD)