SUGAR LAND, TX–(EMWNews – August 8, 2008) – Researched by Industrial Info Resources

(Sugar Land, Texas) — Project activity for the Chemical Processing

Industry (CPI) began the second half of 2008 with good momentum in July

with more than $1.2 billion in new project activity identified as part of

Industrial Info’s North American Project Database. The North

American CPI has continued to perform strongly this year despite

significant increases in operating costs related to transportation, energy

and higher feedstock prices. Among the largest projects reported last month

included plans by BASF SE’s (OTC:BASFY) North American affiliate, BASF

Corporation (Florham Park, New Jersey), for an estimated $50 million

expansion of the Hannibal insecticides plant in Palmyra, Missouri.

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