2014 global construction outlook-Part 1

摘要

According to Hydrocarbon Processing's HPI Market Data 2014, total capital spending in the hydrocarbon processing industry (HPI) is estimated to exceed $77 billion (B). This amount includes investments in the development and construction of grassroots facilities, along with expansions and upgrades to existing HPI facilities to meet growing global demand. With so much construction activity forecast around the world, there are several major construction trends and regions to watch. This month's column discusses a number of these trends and projects that will be seen in 2014 and beyond. For more information, please view the 2014 Market Outlook Webcast at www.HydrocarbonProcessing.com.