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    <title>IIR Industry News Alerts</title>
    <link>http://www.industrialinfo.com/</link>
    <description><![CDATA[Daily Industrial Market News]]></description>
    <copyright>2008 Industrial Info Resources, Inc.</copyright>
    <ttl>240</ttl>
    <pubDate>Tue, 06 Jan 2009 04:39:45 -0600</pubDate>
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      <title>Industry News Alerts</title>
      <link>http://www.industrialinfo.com/</link>
      <url>http://www.industrialinfo.com/images/indalert.gif</url>
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      <height>29</height>
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      <title>Forty-Eight New Fuel-Ethanol Plants Go Online in 2008 Representing 3.5 Billion Gallons of Production Capacity</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142571</link>
      <description><![CDATA[SUGAR LAND--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite all the gloom in North America's fuel-ethanol production industry, 48 new ethanol plants went online in 2008, representing 3.578 billion gallons of ethanol production capacity and a total production capacity of more than 11.2 billion gallons.<br><br>
Companies featured: VeraSun Energy (NYSE:VSE)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>North American Chemical Industry Prepares to Start New Year with $2.4 Billion in Total Spending</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142588</link>
      <description><![CDATA[SUGAR LAND--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--There are very few chemical industry professionals that won't admit their worry about the current economic climate and the potential lingering effects it could have on the North American Chemical Processing Industry (CPI). During the last two months of 2008, numerous project cancellations and permanent plant closures were announced, altering both the short- and long-term outlooks for the industry. As bad as most reports may appear, the picture might be brighter than some expect. Based on active projects being tracked as part of Industrial Info's North American Project Database, there are more then 180 active CPI projects planned to begin construction during the first quarter of 2009. These capital and maintenance projects have a combined total investment value of nearly $2.4 billion.<br><br>
Companies featured: Air Products & Chemicals Incorporated (NYSE:APD)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Sayonara Swag! Drugmakers Halt Freebies to Doctors in 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142573</link>
      <description><![CDATA[SUGAR LAND--January 6, 2009--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--When a patient walks into virtually any physician's office, missing the trail of freebies left behind by visiting pharmaceutical sales representatives is virtually impossible. Clocks, coffee mugs, pens--the <i>ad infinitum</i> list of drug giveaways has become part of the standard medical office decor. Thanks to a new voluntary code-of-conduct policy, the majority of these practices came to a halt with the start of the new year.<br><br>
Companies featured:  Eli Lilly and Company (NYSE:LLY), Johnson & Johnson (NYSE:JNJ), Pfizer Incorporated (NYSE:PFE)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Construction and Start-Ups of Plants in Rocky Mountains Reaches $5.5 Billion in 2008</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142565</link>
      <description><![CDATA[SUGAR LAND--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--With the recession currently rocking the nation's economy, the Rocky Mountains region remained steady and strong throughout 2008, continuing to invest in the construction and startups of several new plants.]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>MCC Signs Deal with Baogang for $1.2 Billion Polysilicon Project in Inner Mongolia</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142562</link>
      <description><![CDATA[BEIJING--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--China Metallurgical Group Corporation (MCC), a leading mining and smelting company, has signed a deal with the Baotou Iron and Steel Group Company (Baogang), one of China's largest steel bases and the world's largest rare earth products producer, to build a polysilicon project in Baotou City in northwestern China's Inner Mongolia Autonomous Region.]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Maintenance Shutdowns Planned at Bahia Blanca Refinery in Buenos Aires</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142554</link>
      <description><![CDATA[CORDOBA, ARGENTINA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The Bahia Blanca refinery in Buenos Aires, Argentina, will perform a series of maintenance shutdowns between 2009 and 2010. The refinery is owned by Petrobras Energia (NYSE:PZE) (Buenos Aires).]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>India to Award $16.5 Billion in January for 60 Highway Projects</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142560</link>
      <description><![CDATA[BANGALORE, INDIA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--National Highways Authority of India (NHAI) (New Delhi), the central authority that develops and manages nearly 66,500 kilometers of road network in India, will award contracts worth $16.5 billion for more than 60 projects in January 2009. Most of these projects are part of the National Highways Development Project (NHDP) initiative to convert existing highways into four and six lanes, adding 6,500 kilometers to the present network upon completion. <br><br>
Companies featured:  Reliance Industrial Infrastructure Limited (BSE:523445), GMR Infrastructure Limited (BSE:532754), Larsen & Toubro Limited (BSE:500510), Hindustan Construction Company Limited (BSE:500185), GVK Power and Infrastructure Limited (BSE:532708)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>T-Power Partners Find Financing for 420-Megawatt Belgian Project</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142559</link>
      <description><![CDATA[JOHANNESBURG--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Announcing secure long-term financing for the 420-megawatt Tessenderlo Chemie (Brussels, Belgium) industrial park  power project in eastern Belgium, the CEO of International Power plc (OTC:IPRPY) (London, United Kingdom), Philip Cox, said that the development and successful financing of the project in challenging market conditions, was another demonstration that non-recourse finance was still available for high quality projects.<br><br>
Other companies featured:  Siemens AG (NYSE:SI)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>BRC Refinery in Belgium to Begin Addition of Combined-Cycle Unit this Month</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142558</link>
      <description><![CDATA[CORDOBA, ARGENTINA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The Belgium Refining Company (BRC) refinery, owned by Petroplus Holdings AG (VTX:PPHN) (Zub, Switzerland), is planning to begin construction of a combined-cycle unit this month. The project is currently in the detailed engineering stage. Construction will last about one year.<br><br>
Companies featured: Technip (EPA:TEC)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>World's Largest Photovoltaic Power Plant Inaugurated in Portugal</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142568</link>
      <description><![CDATA[CORDOBA, ARGENTINA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--On December 23, 2008, Amper Central Solar S.A. (Moura, Portugal), a subsidiary of the Spanish power company Acciona Energy (Sarriguren, Spain), inaugurated the world's largest photovoltaic solar power plant in Portugal, the 46-megawatt (MW) Central Solar de Amareleja.<br><br>
Companies featured:  Yingli Green Energy Holding Company (NYSE:YGE)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Malaysia's Perwaja Optimistic About Domestic Steel Demand in Construction</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142556</link>
      <description><![CDATA[BANGALORE, INDIA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Adopting an optimistic outlook despite the prevalent financial turmoil worldwide, Perwaja Holdings Bhd (KUL:PERWAJA) (Kuala Lumpur, Malaysia), an investment holding company, plans to expand the existing product portfolio of its wholly owned subsidiary Perwaja Steel Sdn Bhd (Kuala Lumpur), the country's largest producer of iron and steel, by venturing into the development of new grades of steel.<br><br>
Companies featured: Kinsteel Bhd (KUL:KINSTEL)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>CNNC Receives $51 Billion of Credit from Banks to Support Chinese Nuclear Development</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142563</link>
      <description><![CDATA[BEIJING--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--China National Nuclear Corporation (CNNC) (Beijing) signed a strategic cooperation agreement with six Chinese banks on December 29, 2008. The total credit facility of CNNC has now reached $51 billion. This will serve as a strong safeguard for the fund required for CNNC's industrial development in nuclear power production, nuclear-fuel recycling and other related sectors.]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Philippines Plans Six Wind Power Projects in 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142555</link>
      <description><![CDATA[BANGALORE, INDIA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Six new windfarms are likely to be set up in the Philippines in 2009, according to the country's Department of Energy. The agency has said that three companies are working to establish wind power projects across the country. The department is in the process of evaluating proposals submitted by Energy Development Corporation (PSE:EDC) (EDC) (Metro Manila, Philippines), Northern Luzon UPC Asia Corporation and Constellation Energy Group Incorporated (NYSE:CEG) (Baltimore, Maryland) for six precommercial contracts.]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Uncertain Economy Halts $35 Million Expansion Plan for CMC Icos Biologics in Washington</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142575</link>
      <description><![CDATA[SUGAR LAND--January 6, 2009--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--With the global economy in an uproar, CMC Icos Biologics (Bothell, Washington) has decided to play it safe. As first reported on by Industrial Info this month (Source: Pharmaceutical Tracker), the contract manufacturing organization announced a $35 million expansion project that would increase the site's production capacity fivefold and double its employee count to nearly 300.<br><br>
Companies featured: Eli Lilly (NYSE:LLY)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>KazMunayGas Suspends Construction of Ceyhan and Batumi Refinery Projects</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142551</link>
      <description><![CDATA[BANGALORE, INDIA--January 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Kazakhstan's state-owned oil company KazMunayGas JSC (KMG) (Astana, Kazakhstan) has announced that the company will not be going ahead with the construction of refineries in Ceyhan and Batumi. KMG has listed economic feasibility and the current financial crisis as reasons for discontinuing the projects. The economic slowdown has led KMG to review and prioritize investments on projects and divert funds to domestic refineries.<br><br>
Companies featured:  ENI S.p.A. (NYSE:E)]]></description>
      <pubDate>Tue, 06 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Plains All American Nears Completion of Paulsboro Petroleum Terminal Expansion</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142525</link>
      <description><![CDATA[SUGAR LAND--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Plains All American Pipeline LP (NYSE:PAA) (Houston, Texas) is nearing completion of a $45 million expansion to its petroleum products terminal in Paulsboro, New Jersey. The first three new refined-products storage tanks are now in service, and the remaining five tanks will enter service in the next month or so.<br><br>
Other companies featured: Matrix Service Company (NASDAQ:MTRX)]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Esmeraldas Refinery Shuts Down Two Units After Exchanger Issue</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142537</link>
      <description><![CDATA[CORDOBA, ARGENTINA--January 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Petroecuador's 110,000-barrel-per-day (BBL/d) Esmeraldas refinery was forced to shut down two units on December 27 after problems arose in the CE-28 exchanger. Maintenance was being performed on the units, the 55,000-BBL/d Crude 2 and 15,900-BBL/d Vacuum 2, but a restart date has not yet been determined.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Coal and Ash Handling Systems Delay Commissioning of Indian Thermal Power Plants</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142523</link>
      <description><![CDATA[BANGALORE, INDIA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--India's Central Electricity Authority (New Delhi), the government's statutory organization for regulating the power sector, has set up a power project monitoring panel to review the progress of new thermal power projects coming up as part of India's Eleventh Five-Year Plan. The panel has reported that the delay in setting up coal and ash handling systems is holding up the commissioning of coal-fired power projects.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Qatar Petrochemicals Delays Tenders for $5 Billion Al Shaheen Refinery by Six Months</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142522</link>
      <description><![CDATA[BANGALORE, INDIA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--In view of the prevalent unfavorable market conditions, state-owned Qatar Petroleum (Doha, Qatar) has delayed the tendering process of key contracts for its proposed Al Shaheen refinery at the Mesaieed Industrial City in Qatar by about six months. The firm is currently in the process of reviewing the engineering, procurement and construction rates for the $5 billion refinery project.<br><br>
Companies featured: GS Engineering & Construction Corporation (SEO:006360), Hyundai Engineering & Construction Company (SEO:000720), JGC Corporation (TYO:1963), Technip (EPA:TEC) (Paris), Chicago Bridge & Iron Company N.V. (NYSE:CBI), CTCI Corporation (TPE:9933), Daelim Industrial Company Limited (SEO:000210), Daewoo Engineering & Construction Company (SEO:047040), Foster Wheeler Limited (NASDAQ:FWLT), Jacobs Engineering Group Plc (NYSE:JEC), Honam Petrochemical Corporation (SEO:011170)]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Eletronorte to Build 600-Megawatt Thermal Plant in Northern Brazil</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142520</link>
      <description><![CDATA[CORDOBA, ARGENTINA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Federal power company Centrais Eletricas do Norte do Brasil S.A. (Eletronorte) (Brasilia, Brazil) plans to build a 600-megawatt (MW) thermal power plant in Manaus in the state of Amazonia in northern Brazil. The plant would operate in combined-cycle mode and use natural gas as the main fuel.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>BHEL Secures $1.04 Billion Order for Jindal Power's 2,400-Megawatt Super-Thermal Power Project Expansion</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142524</link>
      <description><![CDATA[BANGALORE, INDIA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Bharat Heavy Electricals Limited (BSE:500103) (BHEL) (New Delhi), India's largest equipment manufacturer and engineering company in the power sector, clinched a deal worth $1.04 billion to expand the power generation capacity of the Tamnar super thermal power plant in Raigarh, Chhattisgarh, by 2,400 megawatts (MW). The contract was awarded by Jindal Power Limited (Noida, Uttar Pradesh), a subsidiary of Jindal Steel & Power Limited (BSE:532286) (JSPL) (New Delhi), which is looking to complete the expansion project over the next four years.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>U.K.'s Didcot A Power Station Plans Major Maintenance Program for 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142521</link>
      <description><![CDATA[CORDOBA, ARGENTINA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The Didcot A Power Station, owned by RWE npower (Wiltshire, United Kingdom), a subsidiary of RWE AG (OTC:RWEOY) (Essen, Germany), is planning major maintenance for its four operational coal-fired units in 2009.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Pakistan's Tuwairqi Steel to Begin Operation by 2009</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142509</link>
      <description><![CDATA[BANGALORE, INDIA--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Tuwairqi Steel Mills Limited (Karachi, Pakistan) will begin operation of its state-of-the-art steel manufacturing facility by June 2009. The first phase of the steel plant, with a production capacity of 1.28 million tons per year, will cost about $260 million. The estimated investment for the second phase, which will increase the capacity to 1.5 million tons per year, will be about $250 million.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>SinoHydro to Receive $800 Million Loan for Largest Hydropower Project in Tibetan Region</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142508</link>
      <description><![CDATA[BEIJING--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--SinoHydro Mao'ergai Hydropower Development Company Limited (Sichuan, China), a subsidiary of SinoHydro Corporation (Beijing), has signed a syndicated loan agreement for the Mao'ergai Hydropower Station, SinoHydro announced on December 29.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>China Huadian to Increase Cooperation with Indonesia in Power and Coal Sectors</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142519</link>
      <description><![CDATA[BEIJING--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--China Huadian Corporation (Beijing) recently signed a joint venture agreement at the Third China-Indonesia Energy Forum for a coal mine as part of the Sumatera Selatan power project in Jakarta, Indonesia.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>CNNC Begins Construction of Fangjiashan Nuclear Power Project in Eastern China</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142507</link>
      <description><![CDATA[BEIJING--January 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--China National Nuclear Corporation (CNNC) (Beijing) has begun construction on the Fiangjiashan nuclear power project at the Qinshan Nuclear Power Station in eastern China's Zhejiang province, CNNC announced on December 29.]]></description>
      <pubDate>Mon, 05 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Growth Rate of China's Industrial Profit Drops to 4.9% from January to November</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142503</link>
      <description><![CDATA[BEIJING--January 2, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--From January to November, the total profit of China's industrial enterprises with annual sales of more than $724,600 reached $348.78 billion, an increase of 4.9% year over year but down 31.8 percentage points compared with the same period last year, the National Bureau of Statistics of China on December 26.]]></description>
      <pubDate>Fri, 02 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Beijing to Invest $1.02 Billion for 56 Transformer Stations in the Next Two Years</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142502</link>
      <description><![CDATA[BEIJING--January 2, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Beijing is planning to invest $1.02 billion for 56 transformer stations in the next two years. By 2010, each new urban district in Beijing will have at least one transformer substation, and the reliability rate of power supply in newly built urban districts will be improved, according to the Beijing Municipal Development and Reform Commission.]]></description>
      <pubDate>Fri, 02 Jan 2009 00:00:00 -0600</pubDate>
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      <title>Construction Begins on First EPC-Based 1,000-Megawatt Unit in China</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142501</link>
      <description><![CDATA[BEIJING--January 1, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Construction has begun on the 1,000-megawatt (MW) Phase IV expansion of the Tongling Power Plant in central China's Anhui province. The project is the first 1,000-MW-level project in China to be based on engineering, procurement and construction (EPC), as well as the first 1,000-MW unit in Anhui, Anhui Wenergy Company Limited (SHE:000543) (Hefei) said.<br><br>
Other companies featured: Energy Group Company Limited (SHE:000027), Shenzhen Nanshan Power Company Limited (SHE:000037)]]></description>
      <pubDate>Thu, 01 Jan 2009 00:00:00 -0600</pubDate>
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      <title>XinAo Gas Proposes Large Natural Gas Terminal in Central China</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142500</link>
      <description><![CDATA[BEIJING--January 1, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--XinAo Gas Holdings Limited (HKG:2688) (Langfang, Hebei), a leading clean energy distributor in China, has submitted plans to Hunan's government for three liquefied-natural-gas (LNG) terminals that would located in the Changsha-Zhuzhou-Xiangtan region. The information was disclosed at a meeting of natural gas suppliers held December 20 in Changsha, the capital of Hunan province.]]></description>
      <pubDate>Thu, 01 Jan 2009 00:00:00 -0600</pubDate>
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      <title>U.S. Spending Slide Expected to Continue in 2009 for Industrial Manufacturing Industry</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142505</link>
      <description><![CDATA[SUGAR LAND--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--2008 has ended up being a dismal year for the entire Industrial Manufacturing Industry in the United States. While the year began relatively normal for the industry, the combination of a slumping economy, the continued housing crisis combined with the collapse on Wall Street and the rapid decline of the automotive sector placed the industry in dire straits by year's end. Spending has declined dramatically over the last 12 months, and all indications are that this will continue well into, if not throughout, 2009.<br><br>
Companies featured: General Motors Corporation (NYSE:GM), Ford Motor Company (NYSE:F)]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Dow Chemical Faced with Some Tough Decisions Moving into the New Year</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142499</link>
      <description><![CDATA[SUGAR LAND--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The announcement early this week of Kuwait's state-run Petrochemical Industries Company canceling plans for a major joint venture with The Dow Chemical Company (NYSE: DOW) (Midland, Michigan) makes for the second large deal cancellation this month in the Chemical Processing Industry. Only weeks ago, Huntsman Corporation (NYSE:HUN) (Salt Lake City, Utah) also confirmed its agreement to terminate a planned merger with Hexion Specialty Chemicals Incorporated (Columbus, Ohio). The announcement to cancel this joint venture came as a surprise to many and immediately raised questions about how, or if, Dow will modify its planned $15.3 billion purchase of Rohm & Haas Company (NYSE:ROH) (Philadelphia, Pennsylvania). The cancellation also raises concerns for the fate of Dow's immediate capital budget and spending plans for 2009. Industrial Info is currently tracking more than $1.2 billion in future capital and maintenance spending planned by Dow for 2009 or beyond as part of our Projects Database.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
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      <title>GE Signs $3 Billion Power Generation Agreement with Iraq</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142498</link>
      <description><![CDATA[BANGALORE, INDIA--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--GE Energy, a subsidiary of General Electric (NYSE:GE) (Fairfield, Connecticut), has signed a $3 billion contract with Iraq's government to supply power generation equipment and services.  The deal is of paramount importance to Iraq in developing the country's energy infrastructure and enhancing its power generation.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Jordan's Natural Resources Authority Seeking Approval for Oil Shale Exploration Deal with Shell</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142477</link>
      <description><![CDATA[BANGALORE, INDIA--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The Natural Resources Authority (Amman, Jordan) plans to submit to the cabinet a production sharing agreement it signed with Royal Dutch Shell PLC (NYSE:RDS.A) (The Hague, Netherlands) to explore and exploit reserves of oil shale in Jordan. Shell intends to invest more than $20 billion in the project over a period of 20 years.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
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      <title>Thep Viet to Build $70 Million Steel Mill in Cambodia</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142476</link>
      <description><![CDATA[BANGALORE, INDIA--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Thep Viet Steel Corporation Limited (Ho Chi Minh, Vietnam), Vietnam's largest producer of structural steel products, has announced that it plans to build a $70 million steel mill in Cambodia.<br><br>
Companies featured: Tata Steel Limited (BSE:500470), Vinacomin Group (HST:THT), Vinashin Petroleum Investment and Transport Joint Stock Company (HST:VSP)]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>CEL Opens Bids for Detailed Design of Cimarron Hydroelectric Project in El Salvador</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142429</link>
      <description><![CDATA[CORDOBA, ARGENTINA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--El Salvador's Comision Ejecutiva Hidroelectrica del Rio Lempa (CEL) (San Salvador) recently launched a bidding for the development of the detailed design of the 261-megawatt El Cimarron Hydroelectric Power Plant, which will be built at the highest point of the Lempa River. The plant will increase the electric power generated during the dry season at hydroelectric plants located downstream.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>China's 2008 Crude Oil Output Expected to Total Nearly 1.4 Billion Barrels</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142475</link>
      <description><![CDATA[BEIJING--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In November, China's crude oil output totaled about 330,000 barrels per day (BBL/d), and natural gas output totaled about 6.8 billion cubic meters. It is expected that the output of crude oil and natural gas in December will be equal to the output in November. From January to November, the country's cumulative output of crude oil reached about 1.28 billion barrels, or 3.67 million BBL/d, and the output of natural gas totaled 69.2 billion cubic meters. For the year, China's crude oil output is expected to hit 1.4 billion barrels, or 3.99 million BBL/d, and the output of natural gas will reach 76 billion cubic meters, an increase of 1.1% and 9.7%, respectively.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Votorantim Advances Phase II Expansion of Peruvian Zinc Refinery</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142430</link>
      <description><![CDATA[CORDOBA, ARGENTINA--December 29, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Brazilian mining company Votorantim Metais (Sao Paulo) is investing $400 million to complete a Phase II expansion at the Cajamarquilla zinc refinery in central Peru. With the implementation of Phase II, Cajamarquilla will increase production from 160,000 tons per year to 320,000 tons per year.<br><br>
Companies featured: Outotec (HEL:OTE1V), Teck Cominco Limited (NYSE:TCK)]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>China Aims to Add 60 Gigawatts of Nuclear Generating Capacity by 2020</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142474</link>
      <description><![CDATA[BEIJING--December 31, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The National Development and Reform Commission (NDRC) is considering revising an earlier target of adding 40 gigawatts (GW) of nuclear generating capacity by 2020 to 60 GW.]]></description>
      <pubDate>Wed, 31 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Industrial Firms Analyzing $58 Billion in Project Spending for 2009 in U.S. Southwest Region</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142431</link>
      <description><![CDATA[SUGAR LAND--December 29, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--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.]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Cedar Ridge Windfarm in Wisconsin Goes Commercial</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142473</link>
      <description><![CDATA[SUGAR LAND--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Wisconsin Power and Light Company, a subsidiary of Alliant Energy Corporation (NYSE:LNT) (Madison, Wisconsin) has begun generating electricity from the 68-megawatt (MW) Cedar Ridge windfarm located between the towns of Eden and Empire in Fond du Lac County, Wisconsin.]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>EDF Announces 20% Cost Increase for Flamanville 3 Pressurized Water Reactor</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142434</link>
      <description><![CDATA[CORDOBA, ARGENTINA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Electricite de France (EPA:EDF) (Paris) has confirmed that the total investment cost to build a reactor at the Flamanville Nuclear Power Station in France will be $5.6 billion instead of the initial $4 billion. The station is equipped with two 1,330-megawatt Alstom (EPA:ALO) (Levallois-Perret, France) steam turbines and a new third-generation reactor currently under construction.]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Essar Power to Double Jamnagar Plant's Capacity and Targets 6,000 Megawatts of Generation by 2012</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142467</link>
      <description><![CDATA[BANGALORE, INDIA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Indian power major Essar Power Limited (Mumbai), a part of the $2.2 billion Essar Group (Mumbai), plans to increase the generation capacity of its forthcoming power plant in Jamnagar, Gujarat, from 1,200 megawatts (MW) to 2,400 MW. The arrangement for the additional supply of coal required for this expansion has been made.<br><br>
Companies featured: Torrent Power (BSE:532779), Adani Enterprises (BSE:512599), Tata Power (BSE:500400)]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Indian Oil-Tata Power Joint Venture and Punjab's Rajpura Project to Start Operation in 2011</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142466</link>
      <description><![CDATA[BANGALORE, INDIA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Indian Oil Corporation Limited (BSE:530965) (IOCL) (New Delhi, India) and Tata Power Company Limited (BSE:500400) (Mumbai, India) have announced that they are finalizing a joint venture agreement to set up a power plant in Orissa.<br><br>
Other companies featured: Suzlon Energy Limited (BSE:532667), Tata Power (BSE:500400), Lanco Infratech Limited (BSE:532778)]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Areva to Supply 300 Tons of Uranium to India's NPCIL</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142465</link>
      <description><![CDATA[BANGALORE, INDIA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In the first contract signed between India and an international private company for nuclear commerce following the approval of the Nuclear Suppliers Group (NSG), Areva SA (EPA:CEI) (Paris) has entered into an agreement with Nuclear Power Corporation of India Limited (NPCIL) (Mumbai) to supply 300 tons of uranium to nuclear reactors in India, that will come under the safeguard of the International Atomic Energy Agency (Vienna, Austria).]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Codelco and Freeport to Delay Mine Expansion in Chile Amid Falling Prices and Financial Turmoil</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142420</link>
      <description><![CDATA[CORDOBA, ARGENTINA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--State-owned copper miner Codelco (Santiago, Chile) and Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (Phoenix, Arizona) have delayed the development of the El Abra copper mine expansion project as a result of falling copper prices and the international financial turmoil.<br><br>
Other companies featured: Fluor Corporation (NYSE:FLR)]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>National Iranian Oil Investing $21 Billion to Build Seven Refineries</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142463</link>
      <description><![CDATA[BANGALORE, INDIA--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--In a bid to boost Iran's crude and gas refining capacity and reduce dependence on gasoline imports, state-owned National Iranian Oil Refining and Distribution Company (Tehran) is in the process of setting up seven refineries across the country at an aggregate investment of $21 billion, the Mehr News Agency reported. The refineries, all of which are scheduled to begin operation by 2012-13, will increase Iran's refining capacity of crude oil and gas condensate by 1.57 million barrels per day and gasoline production by 110 million liters per day.]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>China Huadian Signs Agreement to Develop Nuclear Power Project in Liaoning Province</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142462</link>
      <description><![CDATA[BEIJING--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--China Huadian Corporation (Beijing) and the government of Dandong City have signed a framework agreement to develop the Donggang Nuclear Power Project, China Huadian announced on December 18. The proposed project, which will be located in Liaoning province, is planned to have four 1,000-megawatt (MW) units with an estimated investment of more than $5.8 billion.]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>Shandong Yankuang Planning Major Coal-Chemical Investments in Northwestern China</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142322</link>
      <description><![CDATA[BEIJING--December 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The Shandong Yankuang Group (Zoucheng, Shandong province), a large Chinese coal-chemical company, is planning major investments in the Xinjiang Uigur Autonomous Region in northwestern China to build three coal-chemical parks, according to the group's recently released development agenda.]]></description>
      <pubDate>Tue, 30 Dec 2008 00:00:00 -0600</pubDate>
    </item>
    <item>
      <title>A Full-Line Distributor of Piping Components by Valve Source, a Feature of "Industry Today" on Industrialinfo.com</title>
      <link>http://www.industrialinfo.com/showAbstract.jsp?newsitemID=142402</link>
      <description><![CDATA[SUGAR LAND--December 29, 2008--Industrial Info Resources (Sugar Land, Texas) will host special guest Valve Source Incorporated (VSI) (Stafford, Texas) as part of this week's "Industry Today" webcast. VSI is a full-line distributor of piping components, including valves, strainers, pipe, fittings and flanges. VSI serves a variety of industries and concentrates its efforts on providing real-time answers to its clients' needs.]]></description>
      <pubDate>Mon, 29 Dec 2008 00:00:00 -0600</pubDate>
    </item>
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