Chemical Processing Investments in North Carolina More Than Double Original Forecast for 2008, an Industrial Info News Alert

SUGAR LAND, TX–(EMWNews – August 20, 2008) – Researched by Industrial Info Resources

(Sugar Land, Texas) — The Chemical Processing Industry (CPI) of North

Carolina is relatively small, with just over 100 CPI plants currently in

operation and employing an estimated 16,200 people, according to Industrial

Info’s North American Plant Database. Despite the industry’s small

size, the state has gained the attention of Reliance Industries

(BOM:500325) (Mumbai, India) and will be the home of a new brownfield

resins plant to be located in Kinston, North Carolina. The plant, which is

estimated to cost more than $200 million, will occupy the former plant of

Unifi Incorporated (Greensboro, North Carolina) next to the existing DuPont

(NYSE:DD) operations at the site. Construction is expected to begin this

fall.

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