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Chemical Plant Closure Rates Continue to Trend Downward, an Industrial Info News Alert


April 4, 2012 - SUGAR LAND, TX

Researched by Industrial Info Resources (Sugar Land, Texas) -- Along with improvements witnessed in chemical plant spending for maintenance and capital projects in 2011, the Chemical Processing Industry (CPI) also saw fewer plant closures than the previous year. In the United States and Canada, Industrial Info identified 57 CPI plants that permanently closed their doors in 2010, compared to only 34 in 2011.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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