News and Events - Powered by Industrial Information Resources, Inc.
Plans for Major Steel Mill Projects Piling Up in 2008
SUGAR LAND--June 6, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--North America remains a hotbed for steel mill project development in 2008. A November 2007 study showed $11 billion in major capital and maintenance project work at North American steel mills scheduled to begin construction in 2008 or beyond. Today, that number has grown to more than $14 billion.

Companies featured: ThyssenKrupp (FRA:TKA), Nucor Corporation (NYSE:NUE), SeverStal (MCX:CHMF)
June 06, 2008
More Than 316 Industrial Plants in Iowa Flood Area
SUGAR LAND--June 19, 2008--Flooding in the Midwest, particularly in Iowa, has prompted Industrial Info Resources (Sugar Land, Texas) to survey the affected counties and determine just how many industrial plants could be impaired by rising flood waters and breached levees. A quick search using Industrial Info's exclusive PECWeb plant search tool identified more than 316 major industrial plants in 30 Iowa counties along the Iowa, Des Moines and Cedar rivers that have been flooded, or have been closed due to inaccessibility.

Companies featured: John Deere (NYSE:DE), Case New Holland (NYSE:CNH), Archer Daniel Midland (NYSE:ADM), Tyson Pork (NYSE:TSN), Penford (NASDAQ:PENX), Alliant Energy Corporation (NYSE:LNT)
June 19, 2008
Ontario Lines up $36 Billion Worth of Industrial Project Construction
SUGAR LAND--June 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Ontario is hot for industrial construction. In fact, it's the third largest state/province in North America for industrial construction activity as more than $10 billion worth of projects are under construction in the province.
June 10, 2008
Air Products to Build Two Hydrogen Plants In Louisiana
Louisiana Air Products announced it will supply approximately 120 million standard cubic feet per day of hydrogen to Marathon Petroleum Company and will construct a plant adjacent to Marathon's refinery in Garyville. Hydrogen will be distributed through the Louisiana Hydrogen Pipeline Network, not only for refinery operations, but for other customers as well. The increased production will provide Marathon with enough hydrogen to support a planned crude oil refining expansion from 245,000 barrels-per-day to 425,000 barrels-a-day.

Companies featured: Air Products and Chemicals Incorporated (NYSE:APD), Technip Incorporated (OTC:TKPPY), ExxonMobil Corporation (NYSE:XOM)
June 13, 2008
Wind Power 2008 Highlights Renewable-Energy Jobs
SUGAR LAND--June 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In recent months, the economic news has been somewhat of a rollercoaster ride because of the devaluation of the dollar, recessionary fears and soaring fuel costs. These have all led to cutbacks for some segments of the nation's work force and industries. It is probable that the hardest-hit areas have been airlines and automobile companies. Numerous organizations in these segments have announced substantial layoffs and other measures to protect their bottom line.

Although participants in these areas of the U.S. economy struggle to stay afloat, the picture is much different for the Power Industry. In fact, the situation is quite the opposite. Construction of power plants, ongoing environmental retrofits and an aging operational workforce has the industry in competition with other segments of the industrial world for qualified employees
June 11, 2008
Valero Energy Selects Contractors for $200 Million Hydrogen Project at California Refinery
SUGAR LAND--July 2, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) has selected contractors to construct a $200 million, 100-million-standard-cubic-feet-per-day hydrogen plant at the company's Benicia refinery in California. SNC-Lavalin (TSX:SNC) (Montreal, Quebec) is one of several companies that were selected.
July 02, 2008
E&C Firms Identified in North American Industrial Projects Total $336 Billion So Far in 2008
SUGAR LAND--July 1, 2008--Since the beginning of the year, Industrial Info Resources (Sugar Land, Texas) has reported more than 1,900 major industrial projects in North America (U.S., Canada and Mexico) with engineering and/or construction firms identified. These projects represent $336 billion in total investment value (TIV). This equals about 34% of the total number of projects reported during the first six months of 2008 that had engineering and construction firms identified. The Power Industry has the most projects with E&C firms identified with 311 projects totaling $153 billion. The Metals & Minerals Industry is second with 161 projects totaling $40 billion. During the first quarter of 2008, Freeport-McMoRan's (NYSE:FCX) began operation at the newest copper mine in the U.S., in Safford, Arizona.
July 01, 2008
Construction on Natural-Gas-Fired Units Reaches 18,000 Megawatts
SUGAR LAND--June 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--After dropping to a low in 2005 when over-capacity was created by the merchant construction boom at the turn of the century, market forces have pushed natural-gas-unit construction activity in the U.S. to a three-year high in 2008.

Companies featured: Duke Energy (NYSE:DUK)
June 09, 2008
BP 2008 Energy Review Finds Oil Production Problems Are Political, Not Geological
JOHANNESBURG--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--While introducing the 2008 edition of the BP Statistical Review of World Energy, BP's (NYSE:BP) (London) CEO Tony Hayward, said, "Interestingly, oil consumption growth is now concentrated in countries that subsidize consumer prices, primarily oil-exporting nations and rapidly growing non-OECD economies such as ...
June 12, 2008
North American Cement-Manufacturing Sector Evaluates $4.2 Billion in Planned Projects
SUGAR LAND--June 25, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Capital spending at cement manufacturing plants in North America is being affected by the slowdown in cement consumption, most of which can be attributed to the downturn in residential housing construction that started in 2007. For example, an Eagle Materials Incorporated (NYSE:EXP) subsidiary has deferred a major expansion in Wyoming for several years until market conditions improve. Nevertheless, North American cement producers are developing about $4.2 billion in capital and maintenance spending scheduled to begin construction in 2008 and beyond. Texas Industries Incorporated (NYSE:TXI) has completed a major expansion in California, and a CEMEX SAD de C.V. (NYSE:CX) subsidiary has completed construction on a kiln line in New Braunfels, Texas.
June 25, 2008
Last Six Months of 2008 Forecast for $15 Billion in Capital Project Starts in Northeast
SUGAR LAND--June 6, 2008--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--The Northeast region expects $15 billion in capital projects to begin construction throughout the remainder of the year.
June 06, 2008
Planned Spending in North America's Chemical Processing Industry for 2009 Exceeds $8 Billion
SUGAR LAND--June 24, 2008--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 for 2008 when compared with the same time last year when total spending for 2008 was projected at $8.6 billion.
June 24, 2008
U.S. Refineries Budget $215 Million Over Next 18 Months for Maintenance Shutdowns on Gasoline and Diesel Hydrotreating Units
SUGAR LAND--June 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--With the rise of gas prices steadily increasing, the Petroleum Refining Industry is under more pressure in maintaining peak-performance gasoline and diesel production in regard to both quantity and quality. One of the key units used in the production process is the hydrotreating unit, which generally operates on a continual basis, with the main objective being the removal of sulfur and other compounds for purification of the refinery process stream. Looking at the next 18 months, the Petroleum Refinery Industry has $215 million of planned investments for maintenance turnaround projects on diesel and gasoline hydrotreaters.
June 30, 2008
Utah Sets Sights on 61.4% Increase in Power Generation by 2016
SUGAR LAND--June 25, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Utah has 7,820 megawatts (MW) of operational power generation, and developers are studying the possibility of adding 4,805 MW more at a cost of more than $7 billion. These additions would bring operational power generation to a total of 12,625 MW by 2016. The proposed generation would utilize conventional thermal and renewable energy sources.
June 26, 2008
Northeast Regional Plant Watch: Companies to Pull the Plug on 25 Facilities by Year's End
SUGAR LAND--July 1, 2008--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--Looking forward from January 2008 through the end of the year, a recent analysis of Industrial Info's Industrial Plant Database reveals that the Northeast has 25 plants that have either already closed or are scheduled to do so. General Motors (NYSE:GM) (Detroit, Michigan), is closing an aluminum powertrain casting plant in Massena, New York, and Pharma giant Pfizer (NYSE:PFE) (New York, New York) is expected to shut a production plant in Parsippany, New Jersey.
July 02, 2008
General Contractor Selected for Basin Electric's Leland Olds Scrubber Project
SUGAR LAND--June 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Basin Electric Power Cooperative (Bismarck, North Dakota) has selected one of the leading construction service firms in the U.S., Alberici Constructors Incorporated (St. Louis, Missouri), to construct a $200 million wet scrubber project at the company's Leland Olds Power Station (Stanton, North Dakota).

Companies featured: General Electric (NYSE:GE)
June 19, 2008
Coal-to-Chemical Plants the Wave of the Future as Oil and Natural Gas Prices Skyrocket
SUGAR LAND--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--An emerging trend in the chemical sector is the conversion of coal to chemicals. The use of coal in this process will keep the feedstock price down for chemical producers as the price for oil and natural gas continues to climb. New markets for the construction and process-licensing of this technology should open up as well.
June 16, 2008
U.S. Ethanol Production Capacity Expands to 8.8 Billion Gallons per Year
SUGAR LAND--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--According to data extracted from Industrial Info's Ethanol Database, the United States now has 156 operational ethanol plants capable of producing a whopping 8.9 billion gallons of the renewable fuel. With an average of 2.6 gallons of ethanol per bushel of corn, that translates to more than 2.8 billion bushels of corn going toward fuel production. Earlier this month, the U.S. Department of Agriculture released numbers that estimate the 2008 corn crop would be about 11.7 billion bushels, meaning that about 24% of the crop will go straight toward ethanol production.
June 16, 2008
BlueFire to Start Construction Soon on Waste-to-Ethanol Plant in California
SUGAR LAND--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--BlueFire Ethanol Incorporated (OTC:BFRE) (Irvine, California) could start construction as early as next month on a waste-to-ethanol plant in Lancaster, California, that will convert landfill waste into the renewable fuel and give a peek into the future of ethanol production from nonfood sources.

Other companies featured: Waste Management (NYSE:WMI)
June 12, 2008
Simpson Tacoma Begins Construction on $100 Million Biomass Cogen at Washington Paper Mill
SUGAR LAND--June 25, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Simpson Tacoma Kraft Company LLC, a subsidiary of Simpson Investment Company (Tacoma, Washington), has begun construction on a project to produce renewable energy at its pulp and paper mill in Tacoma, Washington. Simpson's $100 million investment will utilize cogeneration technology to generate about 55 megawatts of electricity based on black liquor from the pulping process and wood residuals. Upgrades to the mill's existing boilers are under way, and the installation of a used Dresser-Rand Group Incorporated (NYSE:DRC) (Houston, Texas) steam turbine generator will begin this September.
June 25, 2008
Ethanol Industry Converges in Nashville for World's Largest Ethanol Conference
SUGAR LAND--June 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Over 4,000 attendees are expected to attend the 2008 Fuel Ethanol Workshop & Expo, held this week at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. Attendees will hear lectures, see exhibits, and network with each other, discussing not only where the fuel ethanol industry is at the moment, but also what role the fuel will play in our gas tanks and overall economy in the future. One of the major topics of discussion this year is the abuse that the industry is taking regarding the use of corn and grains for fuel production. Some leaders of the ethanol industry are pointing the finger at Big Oil in leading this campaign against the industry.
June 19, 2008
Planned Wind Generation to Exceed $17.8 Billion in Minnesota and the Dakotas
SUGAR LAND--June 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Minnesota, North Dakota and South Dakota currently have 23 operational windfarms totaling about 1,500 megawatts (MW) of power generation capacity.
June 09, 2008
CF Industries Continues to Play Dominant Role in Ag Chemicals and Considers Entry in Gasification
SUGAR LAND--June 20, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--CF Industries Incorporated (NYSE:CF) (Deerfield, Illinois) has weathered the storms of escalated feedstock and energy costs for years with what appears to be great success. The company is focusing on the long-term demand for fertilizers and related agricultural chemicals with the consideration of a nearly $350 million expansion of a plant in Medicine Hat, Alberta, planned for 2010 or 2011. Stepping outside of its traditional role in the ag-chemicals market, CF Industries is studying a uranium-extraction plant addition as well as petroleum coke gasification to a hydrogen plant addition.
June 20, 2008
Greenward Technologies Developing Four-in-One "Universal Wind Turbine"
SUGAR LAND--June 9, 2008--Researched by Industrial Info Resources (Sugar Land, TX)--Greenward Technologies (Austin, Texas) is developing a unique new wind turbine generator set design, the "Universal Wind Turbine" (UWT) project.
June 11, 2008
SeverStal Group Expands U.S. Holdings with Multimillion-Dollar Investments
SUGAR LAND--June 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The $1 billion grassroot steel mill built by SeverCorr LLC, a subsidiary of SeverStal Group (MCX:CHMF) (Moscow, Russia), in Columbus, Mississippi, is only one of the many steps along the way for SeverStal in strengthening its foothold in the United States steel market.

Other companies featured: SeverStal Group (MCX:CHMF), Ford's (NYSE:F), ArcelorMittal Steel (NYSE:MT)
June 05, 2008
Industrial Project Spending in Florida Set for $8 Billion in 2008
Sugar Land--June 27, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In Florida, industrial firms are evaluating more than $8.7 billion worth of capital and maintenance spending projects scheduled to begin construction in 2008. Of that total, 17 projects totaling $2 billion have been identified as already having started construction. Construction began early this year for a $600 million grassroot natural gas-fired power plant in West Palm Beach, Florida, for Florida Power and Light, a subsidiary of FPL Group (NYSE:FPL) (North Palm Beach, Florida). An additional $6 billion worth of construction that started prior to 2008 is currently underway in the state. One of the projects that falls under this category is the Orlando-Tampa High Speed Rail project, which began construction in early 2007.
June 27, 2008
Saudi Aramco and Total Confirm $10 Billion Refinery Construction Project in Jubail
BEIJING--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia's national oil company, Saudi Aramco, and French energy company Total S.A. (NYSE:TOT) (Paris) have teamed up for a 400,000-barrel-per-day refinery project in Jubail, Saudi Arabia. The companies will invest $10 billion in the refinery, which will process heavy crude oil from Saudi Arabia into high-quality products.
June 16, 2008
Grassroot Industrial Manufacturing Plant Construction Set at $1.5 Billion for Third Quarter of 2008
SUGAR LAND--June 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite downturns in the economy, construction plans in North America's Industrial Manufacturing Industry continue to move forward.
June 09, 2008
VeraSun to Delay Ethanol Plant Openings in Minnesota and Iowa
SUGAR LAND--June 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--VeraSun Energy Corporation (NYSE:VSE) (Brookings, South Dakota) has delayed the opening of two fuel-ethanol plants that are nearing construction completion in Welcome, Minnesota, and Hartley, Iowa. Although the plants will be completed as scheduled, production will not begin until corn and ethanol market conditions improve. Other small and midsize ethanol producers could be forced to shut down operations.
June 17, 2008
Top 10 CPI Spenders Plan More than $6.3 Billion in Project Activity
SUGAR LAND--June 25, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The rising costs of crude oil and natural gas continue to make it difficult for the Chemical Processing Industry to predict future supplies and market demand. Capital and maintenance projects that are planned to begin construction in July 2008 and beyond total more than $17.3 billion. Nearly a third of these projects are planned by just 10 companies. The current top 10 CPI spenders include CF Industries (NYSE:CF), ADA-ES Incorporated (NASDAQ:ADES), Air Products and Chemicals Incorporated (NYSE:APD), Terra Industries Incorporated (NYSE:TRA), Dow Chemical Company (NYSE:DOW) and the Westlake Group (NYSE:WLK).
June 25, 2008
BIO BUZZ: Massachusetts' Patrick Picks Up 'Governor of the Year' Honor at BIO 2008
SAN DIEGO, CALIFORNIA--June 18, 2008--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--Massachusetts Gov. Duval Patrick (D-Mass.) was named the 2008 BIO Governor of the Year on Tuesday in San Diego at the 2008 BIO conference currently under way through June 20, 2008. Patrick was honored for his commitment to promoting life sciences in his state, most recently for the implementation of a $1 billion Life Sciences Initiative. Patrick's bill provides $250 million in tax incentives, $250 million in grants and $500 million for facilities, a large portion of which will be distributed throughout the state university system.

Companies featured: Bristol-Myers Squibb (NYSE:BMS), Genzyme Corporation (NASDAQ:GENZ)
June 18, 2008
Beatrice Biodiesel Nebraska Plant Stalls at Finish Line
SUGAR LAND--June 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Biodiesel start-up Beatrice Biodiesel LLC (Beatrice, Nebraska) was expecting to begin operations and producing biodiesel this month at its Beatrice plant, but the project has stalled with the finish line in sight.
June 10, 2008
Quaker Chemical Moves Forward with $20 Million Expansion in Ohio
SUGAR LAND--June 13, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Quaker Chemical Corporation (NYSE:KWR) (Conshohocken, Pennsylvania) is moving forward with a planned $20 million expansion in Middletown, Ohio, that will triple production capacity.

Other companies featured: FMC Technologies (NYSE:FTI)
June 13, 2008
Planned Industrial Project Spending in Washington Exceeds $19 Billion
SUGAR LAND--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial firms are developing 210 major construction projects representing more than $19 billion in Washington. These projects are scheduled to begin construction in 2008 or beyond and include capital and maintenance related projects. In addition to the planned projects, there are more than $5 billion worth of projects under construction in Washington.
June 16, 2008
Transco Plans Sentinel Natural Gas Pipeline Project
SUGAR LAND--June 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Transcontinental Gas Pipeline Corporation (Transco) (Houston, Texas), a subsidiary of Williams Companies Incorporated (NYSE: WMB) (Tulsa, Oklahoma), has started construction on the first phase of its $28 million Sentinel Project, which will expand the Transco pipeline system by an additional 142,000 dekatherms of natural gas for deliveries to markets in Pennsylvania.
June 30, 2008
Georgia Power Developers Aim to Increase Capacity by 21%
SUGAR LAND--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Georgia, which has more than 34,400 megawatts (MW) of operational power generation with 295 units at 64 plants, has developers looking to increase capacity by about 21% to more than 42,000 MW.

Companies featured: Southern Company (NYSE:SO)
June 13, 2008
Foster Wheeler-Bechtel FEED Studies Keep Santos-Petronas LNG Project on Schedule
JOHANNESBURG--June 10, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Santos Limited's (NASDAQ: STOSY) (Adelaide, Australia) plans for setting up a project to turn coal seam gas (CSG) into liquefied natural gas (LNG) in Gladstone, Queensland, is advancing with the selection of Indonesia's state-owned hydrocarbons utility Petronas to become a 40% partner in the development, operation and marketing of the Gladstone LNG entity.

Other companies featured: Foster Wheeler Limited (NASDAQ:FWLT), ConocoPhillips (NYSE:COP)
June 10, 2008
Jacobs Engineering Group Wins $558 Million Contract in Italy's Drive for Solar Power
JOHANNESBURG--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Italy's potential for solar-power generation will grow with the construction of a Polysilicon manufacturing plant in Ferrara.

Companies featured: Jacobs Engineering Group (NYSE:JEC), Siemens' (NYSE:SI), SOLON AG (OTC:SGFRF), Deutsche Bank (NYSE:DB)
June 12, 2008
Louisiana's River Bend Nuclear Plant Prepares For Unplanned Outage
SUGAR LAND--June 27, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Entergy Corporation (NYSE:ETR) is preparing for an unplanned outage at one of its nuclear power plants today due to a mechanical issue. The 967-megawatt (MW) River Bend nuclear plant located in St. Francisville, Louisiana was forced to drastically reduce output down to 18% of its normal capacity due to an issue occurring in the recirculation pumps. Engineers are anticipating an even further reduction, and as one plant official stated, "We are trying to resolve the issue while reduced, but most likely will come offline later tonight." The River Bend nuclear station's 967-MW unit was manufactured by General Electric Company (NYSE:GE) (Fairfield, Connecticut). It began operations in 1986 and is licensed to continue operations until August of 2025.
June 27, 2008
Flooding Shuts Down More than 900 Megawatts of Power Generation Capacity in Iowa
SUGAR LAND--June 23, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the majority of power station owners surveyed across Iowa's hardest-hit flood areas, the extremely high floodwaters over the past two weeks have not forced them to take generating capacity offline. However, more than 900 megawatts of capacity is offline because of the floodwaters. Companies with capacity offline due to the flood include Interstate Power &Light, a subsidiary of Alliant Energy Corporation (NYSE:LNT) (Madison, Wisconsin) with 600 megawatts offline, AmerenUE (NYSE:AEE) (Saint Louis, Missouri) with 125 megawatts offline, Cedar Falls Utilites with 100 megawatts offline, MidAmerican Energy Company, a Berkshire Hathaway (NYSE:BRK-A) company, with 80 megawatts offline, and Vinton Municipal Electric Utility with 20 megawatts offline. The timeframe for returning these plants to service depends upon the damage that has occurred, which will be assessed once the flooding has subsided.
June 23, 2008
Nanotechnology Promises New Product Development for the Chemical Industry
SUGAR LAND--June 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--As research and development teams learn more about nanostructures and nanoscale manipulation atoms and their components, and as the proficiencies improve in nanoscale assembly and in the development of commercially viable methods of manufacturing at this level, a new realm of possibility is moving closer to reality. Celanese (NYSE:CE) (Dallas, Texas) recently introduced technology for a new generation of high-performance exterior paints, and Arkema (OTC:ARKAF), is studying commercial-scale applications of nanoscale technologies that could begin to come to market as early as 2009-10.
June 17, 2008
Almost 65,000 U.S. Manufacturing Jobs Anticipated in Second Half of 2008
SUGAR LAND--June 18, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--With the recent release of job loss totals by the Department of Labor, the effects of the declining economy are becoming more evident. The economic situation of the average American is getting desperate, and the continued loss of jobs, even with the rate declining, is not helping matters. Despite these major losses, industrial manufacturing continues to thrive. More than 3,300 capital and maintenance projects are currently scheduled to begin construction between June and December of 2008. This represents more than $170 billion worth of investment in the United States. With these projects come much needed construction jobs -- thousands of them. In addition to the new construction that is beginning, almost 750 new plants will begin operation during the second half of 2008. These new plants will mean 65,000 new manufacturing jobs will need to be filled in the coming months.
June 18, 2008
Areva Selects Idaho for $2 Billion Grassroot Uranium-Enrichment Plant
SUGAR LAND--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Areva Incorporated (Paris) has selected Idaho for its first U.S. uranium-enrichment facility. The site will be located about 18 miles west of Idaho Falls in Bonneville County near the U.S. Department of Energy's Idaho National Laboratory. There are only two other uranium enrichment plants being built in the United States: one in Piketon, Ohio, and the other in Eunice, New Mexico. Idaho was chosen from a short list of five states: Texas, New Mexico, Ohio and Washington.

Companies featured: USEC Incorporated's (NYSE:USU), Fluor Corporation (NYSE:FLR), General Electric (NYSE:GE), Hitachi (NYSE:HIT)
June 16, 2008
Chemical Processing Industry's Core Segments Maintain Leading Roles in 2008 Project Expenditures
SUGAR LAND--June 27, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The three largest segments of the Chemical Processing Industry (CPI), including petrochemicals, inorganic chemicals, and plastics and resins, have each held their ground in 2008 when comparing forecast versus actual spending. A previous outlook for total 2008 spending within these groups represented a combined $4 billion in capital and maintenance projects, and a revised outlook reveals an estimated $5.3 billion in these segments for this year. This strength in spending comes despite nearly $850 million in cancellations or projects placed on hold that had been planned to begin construction this year.
June 27, 2008
China's Oil Giants Facing Historic Loss
BEIJING, CHINA--June 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Two of China's oil giants say they are facing a billion-dollar deficit this year because of the rising price of oil.

Companies featured: JPMorgan Chase & Company (NYSE:JPM), China Petroleum & Chemical Corporation (Sinopec) (NYSE:SNP)
June 12, 2008
Abu Dhabi to Invest $2 Billion in Thin-Film Photovoltaic Technology Manufacture
JOHANNESBURG--June 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The Abu Dhabi Future Energy Company (Masdar) is investing $2 billion in thin-film photovoltaic (PV) solar technology manufacture.
June 05, 2008
ADA-ES Plans Second Grassroot Activated Carbon Plant in North Dakota
SUGAR LAND--June 6, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--ADA-ES Incorporated (NASDAQ:ADES) (Littleton, Colorado) has plans for a second facility in North Dakota.
June 06, 2008
VeraSun Delays Another Ethanol Plant Start-Up
SUGAR LAND--June 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The nation's second largest ethanol producer, VeraSun Energy Corporation (NYSE: VSE) (Brookings, South Dakota), has delayed the opening of another new fuel ethanol plant. The delay may be affecting the company's value, as the stock is now trading at a near 52-week low at $3.97 per share
June 30, 2008
El Paso Electric Moves Forward with Combined-Cycle Unit Addition
SUGAR LAND--July 2, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In order to meet growing demand for electrical power, El Paso Electric Company (NYSE:EE) (El Paso, Texas) is proceeding with the development of a 285-megawatt (MW) combined-cycle addition to the 559-MW Newman Power Station in El Paso. The station utilizes Allis-Chalmers (NYSE:ALY) (Houston, Texas) and GE Energy (NYSE:GE) (Fairfield, Connecticut) units.
July 02, 2008
Mechanical Issue Forces Ontario Nuclear Unit Offline
Ontario Power Generation was forced to remove a unit at the Pickering Nuclear Station due to an issue occurring in the emergency core cooling system (ECCS)
June 20, 2008
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