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THE ROAD TO RECOVERY

LePree, Joy

Chemical Engineering, 2010-04, Vol.117 (4), p.28

New York: Access Intelligence LLC

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  • Título:
    THE ROAD TO RECOVERY
  • Autor: LePree, Joy
  • Assuntos: Alternative energy ; Alternative fuels ; Biomass ; Bioprocessing ; Business conditions ; Categories ; Chemical engineering ; Chemical industry ; Desalination ; Economics ; Energy ; Engineering firms ; Funding ; Laboratories ; Markets ; Procurement ; Roads ; Subsidies
  • É parte de: Chemical Engineering, 2010-04, Vol.117 (4), p.28
  • Notas: ObjectType-Article-2
    SourceType-Scholarly Journals-1
    ObjectType-Feature-1
    content type line 23
  • Descrição: Like most other businesses, engineering, procurement and construction (EPC) firms have felt the pinch of the economic downturn. While EPCs that specialize in building processing plants are optimistic that recent global interest in renewable and bioprocessing projects to create alternative fuels, power and chemicals may fill some of the void, most say they will continue to pursue work in markets where they are already established for a variety of reasons. Among the concerns are the high-risk profiles and technical challenges associated with biomass and renewable projects and the continued need for other types of processing and power facilities. While projects are currently few and far between compared to just a few years ago, EPCs remain hopeful that bioprocess and renewable projects will create a new market that will compliment and bolster their existing areas of expertise. And in the meantime, they are honing their knowledge so that it may be applied to both traditional and new project categories in the best possible way.
  • Editor: New York: Access Intelligence LLC
  • Idioma: Inglês
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