North American Chemical Processing Industry Looks Strong for Q2North American Chemical Processing Industry Looks Strong for Q2

Industrial Info Resources (IIR) reports that all signs are pointing toward a very strong round of capital spending for the Chemical Processing Industry (CPI) during the second quarter of 2012. Total CPI capital project spending identified in the U.S. and Canada for the second quarter so far totals $2.3 billion, an impressive increase over the same quarter last year, which totaled only $1.3 billion. This sharp increase could help the CPI maintain momentum gained over the past year that has led to consistent increases in overall spending.

With global headquarters in Sugar Land, TX, and eight offices outside of North America, Industrial Info Resources is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing, and energy markets. For more information, visit www.industrialinfo.com.