SUGAR LAND, TX — (Marketwired) — 09/19/14 — Researched by Industrial Info Resources (Sugar Land, Texas) — Here are Industrial Info–s most-read stories from the past week. Browse other breaking industrial news stories at .
Industrial Info is tracking $6.67 billion inactive and unconfirmed projects that are planned to kick off in the region in the fourth quarter of 2014. A substantial chunk is related to the clean/renewable energy fields like the domestic solar power industry.
Foreign investment in the U.S. has increased substantially as a result of abundant and low-cost natural gas. This year alone, Chinese-owned companies have proposed construction of four plants in the U.S., with plans to export most of the product to emerging Asian markets.
Industrial Info is tracking more than 1,800 capital and maintenance projects worth more than $30.7 billion in our , with South America and South Asia leading in project spending.
The cheap price of Marcellus gas means that regions with direct access to the shale have seen more gas-fired capacity developed. According to Industrial Info, there are 19 active gas-fired capacity addition projects in Pennsylvania worth more than $9.6 billion.
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