|By Marketwired .||
|August 22, 2014 06:04 AM EDT||
SUGAR LAND, TX -- (Marketwired) -- 08/22/14 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Here are Industrial Info's most-read stories from the past week. Browse other breaking industrial news stories at www.industrialinfo.com.
Phillips 66 Breaks Ground on $1 Billion LPG Export Facility on Texas Gulf Coast
Phillips 66 (NYSE:PSX) began construction of its new liquefied petroleum gas production and export terminal in Freeport, Texas. When completed, the facility will have the capacity to produce and export up to 4.4 million barrels per month of liquefied petroleum gases. View the entire article by subscribing to Industrial Info's Premium Industry News.
Freeport-McMoRan Bucks Declining Capex Trend with $7.6 Billion on Schedule for 2014
Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (Phoenix, Arizona) is on track to spend close to $7.6 billion in capital expenditures in 2014. The company operates seven copper mines in North America and four in South America. View the entire article by subscribing to Industrial Info's Premium Industry News.
New Mexico Coal-Fired Plant Gears Up for 2015 Refurbishment
Arizona Public Service Company, a subsidiary of Pinnacle West Capital Corporation (NYSE:PNW), plans to refurbish and repair Unit 5 at its Four Corners Power Station in New Mexico. View the entire article by subscribing to Industrial Info's Premium Industry News.
Power and Pipelines Drive More than $2.3 Billion in U.S. Midwest Construction Kick-Offs in Fourth-Quarter 2014
Industrial Info is tracking $2.34 billion of industrial projects that are planned to kick off in the U.S. Midwestern region in the fourth quarter of 2014. The Power and Oil & Gas Pipelines industries lead all other industries in total investment value with $534 million each. View the entire article by subscribing to Industrial Info's Premium Industry News.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
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