Chemicals, pharma represent project opportunities as capex cuts escalate: analyst

September 11, 2020 Sep 11, 2020 3:47PM EDT

[caption caption="Pharmaceutical and chemical projects are holding their own as oil and gas cutbacks surge, shrinking the project cargo pipeline. Photo credit: Shutterstock.com."][/caption]Today's rare capital project “green shoots” include an uptick in pharmaceutical activity in the US and commodity and specialty chemical projects stabilizing or increasing in Europe, said Phyllis...

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