IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

E&C Materials and Equipment Costs to Slide by 2010

9:19 AM MDT | April 1, 2009 | Esther D'Amico

Material and equipment costs in the engineering and construction (E&C) sector will likely fall in fourth-quarter 2009 or early in 2010, according to Fluor’s annual materials outlook study. Costs for E&C commodities—including copper, nickel, and scrap steel—have already dropped by more than 30%, but that has not yet hit the deep backlog in the finished product sector, says Jim Scotti, senior v.p. and chief procurement officer at Fluor. “We’re still in a volatile equipment and materials market,” which puts pressure on...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa