Market Wire - ChemicalsMarket Wire - ChemicalsIndustrial Info Resources: Project Cancellations Remain Low Despite Market and Feedstock Woes, an Industrial Info News Alert- July 1, 2008 SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- As the price of crude oil continues to climb and commodity price increases show up in daily news reports, it is expected that the Chemical Processing Industry (CPI) will respond with cutbacks or project delays and cancellations. Despite these constraints and other issues, Industrial Info has identified only $826 million in CPI projects to be canceled or placed on hold that were originally planned to...http://www2.marketwire.com/mw/release_html_b1?release_id=411996&tsource=3 |