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Article: Frost & Sullivan: Demand for Energy-efficiency Offers High Potential for Electric Drives in the European Chemical Industry.
- Article from:
- M2 Presswire
- Article date:
- June 2, 2009
CopyrightCOPYRIGHT 2009 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-2 June 2009-Frost & Sullivan: Frost & Sullivan: Demand for Energy-efficiency Offers High Potential for Electric Drives in the European Chemical Industry.(C)1994-2009 M2 COMMUNICATIONS
RDATE:02062009
LONDON -- The increasing demand for energy-efficient systems coupled with the need for reliability in process applications offers significant potential for electric drives in the European chemical industry. Despite the economic slowdown and declining industrial output in the European chemical industry, the electric drives market is anticipated to sustain its growth rates due to the need for infrastructural changes in chemical plants especially ...