×
Industrial firms analyzing $58B in projects for 2009
Industrial companies are evaluating more than 1,000 projects scheduled to begin construction in 2009 in the U.S. Southwest market region, which includes Arkansas, Louisiana, Oklahoma and Texas. The projects, involving everything from grassroot plant construction to upgrades or additions at existing plants, total about $58 billion in total investment value (TIV).
Click on the image at right to view a chart showing the breakdown of project spending by state for the Southwest market region.
Texas not only leads the region but also the entire U.S. for planned 2009 project spending with 579 projects and a TIV of $34 billion on the books. Louisiana is second with 273 projects totaling almost $20 billion. Oklahoma is third with $3.9 billion planned, and Arkansas racks up $701 million planned.
Power generation projects make up 45 percent of the planned spending for 2009. T. Boone Pickens may have postponed his ambitious 4,000-megawatt windfarm project in the Texas panhandle, but that hasn't stopped the flow of big power projects planned in the state. Texas will continue its leadership role in wind energy development in 2009. One of a number of renewable energy projects under study in the region is a $720 million windfarm near Throckmorton, Texas, to be owned by Horizon Wind Energy LLC (Houston).
Further south, in Sulphur, Louisiana, Lake Charles Cogeneration LLC (Houston) is planning to begin construction next summer on a $1.6 billion cogeneration plant fired by petroleum coke. Industrial Info has been tracking the progress of this project since 2000.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. To learn more, visit www.industrialinfo.com.
Click on the image at right to view a chart showing the breakdown of project spending by state for the Southwest market region.Texas not only leads the region but also the entire U.S. for planned 2009 project spending with 579 projects and a TIV of $34 billion on the books. Louisiana is second with 273 projects totaling almost $20 billion. Oklahoma is third with $3.9 billion planned, and Arkansas racks up $701 million planned.
Power generation projects make up 45 percent of the planned spending for 2009. T. Boone Pickens may have postponed his ambitious 4,000-megawatt windfarm project in the Texas panhandle, but that hasn't stopped the flow of big power projects planned in the state. Texas will continue its leadership role in wind energy development in 2009. One of a number of renewable energy projects under study in the region is a $720 million windfarm near Throckmorton, Texas, to be owned by Horizon Wind Energy LLC (Houston).
Further south, in Sulphur, Louisiana, Lake Charles Cogeneration LLC (Houston) is planning to begin construction next summer on a $1.6 billion cogeneration plant fired by petroleum coke. Industrial Info has been tracking the progress of this project since 2000.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. To learn more, visit www.industrialinfo.com.