Survey results would indicate that this segment has not been hit as hard as others by current economic conditions.
Although this segment has been hit hard in recent years due to natural disasters in the Gulf of Mexico and a lack of interest in building more refineries, it is still surprising to see that investments in this sector could take a pretty dramatic step backwards in 2009.
As could be expected with a general grouping like this, which includes a wider range of facilities with varying production focuses, responses show some interesting ranges.
Although this encompasses a range of facilities with varying plants, respondents seem to be unified in taking a less severe, yet cautious attitude when looking ahead to 2009 purchases.
While the processing marketplace is not immune to cutbacks, the pharmaceuticals segment offers more promise than most.
The most significant issues for this sector seem to stem from fewer capital equipment purchases being made over one year ago, and as a result, maintenance costs have increased, thereby impacting operational efficiency.
As could be expected with the changes in its business climate, this segment will not be among the most dynamic when it comes to purchasing in 2009.
While at a slower pace than last year, survey respondents show that a strong interest in purchasing new equipment and implementing new technology still persists.
Blackmer , a Pump Solutions Group (PSGâ„¢) company, recently promoted Tom Madden to the position of managing director.
By Amanda McGowan, Associate Editor, Chem.Info Alongside the road near the We Energies coal-fired power plant in Oak Creek, WI, a sign reads: "We have worked 'X' hours without a lost time accident."
Sturdy, secure gas cylinder storage buildings from Safety Storage offer a broad spectrum of storage and design flexibility options for meeting fire safety standards, environmental code requirements and supply chain demand for managing the storage and access of gas cylinders under pressure, and used empty containers awaiting collection and disposal.
MECO introduces its custom-engineered shaft seals for dry bulk process equipment.
OMEGA Engineering has developed the HHB1500 Series portable hand-held borescope system, which consists of a monitor, a camera and video.
It’s not quite as dramatic as a pioneer looking to the horizon and seeing the entire West laid out in front of him, but when Glenn Gibisch surveys the landscape at 3 Rivers Terminal, which is located in Joliet, IL, and operated by industrial chemical packager and distributor Seeler Industries, he can easily envision a limitless future for his company and customers. By Bill Holmes