2. INTRODUCTION 4
2.1 Definitions 5
2.2 Methodology 6
2.3 Abbreviations 6
2.4 Market Positioning 7
2.4.1 Customers 7
2.4.2 Suppliers 7
2.5 UK Economy 8
2.6 Market Factors 12

3. MARKET SIZE AND TRENDS 13
3.1 Chapter Summary 14
3.2 Market Overview 15
3.3 The Chemical Industry 17
3.4 Food and Drink Processing 19
3.5 Oil and Gas Production 21
3.6 Electricity Generation 26
3.7 Water and Sewerage Industry 29
3.8 Petroleum Refining 43
3.9 Nuclear Fuel 44
3.10 Gas Supply 46
3.11 Iron and Steel Industry 49

4. INDUSTRY STRUCTURE 51
4.1 Chapter Summary 52
4.2 Industry Structure 52
4.3 Company Profiles 52
4.3.1 APV UK 53
4.3.2 AMEC BKW 54
4.3.3 Bechtel 55
4.3.4 Kellogg Brown & Root 57
4.3.5 Fluor 59
4.3.6 Foster Wheeler 60
4.3.7 M W Kellogg 62
4.3.8 Doosan Babcock Energy 63

5. FORECAST 66
5.1 Chapter Summary 67
5.2 Forecast 67
5.3 The Chemical Industry 67
5.4 Food and Drink Processing 68
5.5 Oil and Gas Production 70
5.6 Electricity Generation 71
5.7 Water and Sewerage Industry 74
5.8 Petroleum Refining 77
5.9 Nuclear Fuel 79
5.10 Gas Supply 81
5.11 Iron and Steel Industry 84

6. FURTHER SOURCES & CONTACTS 86
6.1 Trade Associations & Regulatory Bodies 87
6.2 Trade Magazines 89
6.3 Trade Exhibitions 94

LIST OF TABLES

1: Total UK Process Plant Investment, 2002/03-2006/07 15
2: Process Plant Investments, by Industry, 2002/03-2006/07 15
3: UK Capital Expenditure by the Chemical Industry, 2002/03-2006/07 19
4: UK Capital Expenditure by the Food & Drink Processing Industry, 2002/03-2006/07 20
5: Segmentation of the UK Food & Drink Process Plant Expenditure, by Sector, 2002/3-2006/07 21
6: UK Total Capital Expenditure in the Oil and Gas Industry, by Type, 2002/03-2006/07 24
7: UK Capital Expenditure by the Oil and Gas Production Industry, 2002/03-2006/07 24
8: UK Capital Expenditure in the Development of Oil and Gas Production Industry, by
Type, 2000-2004 25
9: UKCS Oil and Gas Production Platforms and Floating Installations, 2007 25
10: UK Capital Expenditure by the Electricity Generating Industry, 2002/03-2006/07 28
11: UK Capital and Process Plant Expenditure by the Electricity Generation Industry,
2002/03-2006/07 29
12: UK Capital Expenditure on Water and Sewerage Services, 2002/03-2006/07 31
13: UK Capital Expenditure on Water and Sewerage Services, 2002/03-2006/07 31
14: UK Capital and Process Plant Expenditure by the Water and Sewerage Industry,
2002/03-2006/07 32
15: Analysis of Water Related Capital Expenditure, by Water and Sewerage Companies
in England and Wales, 2002/03-2006/07 33
16: Analysis of Water Capital Expenditure by Water Only Companies, by Type, 2006/07 35
17: Analysis of Water Capital Expenditure, by Water and Sewerage Companies, by
Purpose, 2006/07 36
18: Analysis of Scottish Water Capital Expenditure on Water and Sewerage Services,
2003/04-2006/07 38
19: Water Related Capital Expenditure in Northern Ireland, by Type, 2002/03-2006/07 39
20: Analysis of Sewerage Related Capital Expenditure in England and Wales, by
Company, 2002/03-2006/07 39
21: Analysis of Sewerage Capital Expenditure in England and Wales, by Water Service Company, by Type, 2006/07 40
22: Analysis of Sewerage Capital Expenditure in England and Wales, by Company and
Purpose, 2006/07 41
23: Sewerage Related Capital Expenditure in Northern Ireland, by Type, 2002/03-2006/07 43
24: UK Capital and Process Plant Expenditure by the Petroleum Refining Industry,
2002/03-2006/07 44
25: UK Capital and Process Plant Expenditure by the Nuclear Fuel Industry,
2002/03-2006/07 46
26: Total Gas Distribution Capital Expenditure, 2002/03-2006/07 47
27: Gas Distribution Total Capital Expenditure, by GDNs, 2002/03-2006/07 47
28: Gas Distribution Total Capital Expenditure, by GDNs, 2002/03-2006/07 48
29: UK Capital and Process Plant Expenditure by the Gas Industry, 2002/03-2006/07 49
30: UK Capital and Process Plant Expenditure by the Iron & Steel Industry, 2002/03-2006/07 50
31: Financial Analysis of APV UK, 2002-2006 53
32: Key Financial Ratios for APV UK, 2002-2006 54
33: Financial Analysis of AMEC BKW, 2002-2006 55
34: Key Financial Ratios for AMEC BKW, 2002-2006 55
35: Financial Analysis of Bechtel, 2002-2006 56
36: Key Financial Ratios for Bechtel, 2002-2006 57
37: Financial Analysis of Kellogg Brown & Root, 2002-2006 58
38: Key Financial Ratios for Kellogg Brown & Root, 2002-2006 59
39: Financial Analysis of Fluor, 2002-2006 60
40: Key Financial Ratios for Fluor, 2002-2006 60
41: Financial Analysis of Foster Wheeler, 2002-2006 61
42: Key Financial Ratios for Foster Wheeler, 2002-2006 62
43: Financial Analysis of M W Kellogg, 2002-2006 62
44: Key Financial Ratios for M W Kellogg, 2002-2006 63
45: Financial Analysis of Doosan Babcock Energy, 2003-2007 64
46: Key Financial Ratios for Doosan Babcock Energy, 2003-2007 65
47: Forecast Process Plant Investments, by Industry, 2007/08-2011/12 67
48: Forecast UK Capital Expenditure by the Chemical Industry, 2007/08-2011/12 68
49: Forecast UK Capital Expenditure by the Food & Drink Industry, 2007/08-2011/12 70
50: Forecast UK Capital Expenditure by the Oil & Gas Industry, 2007/08-2011/12 71
51: Forecast Power Generation Share by Fuel Type, 2007/2008-2016/2017 72
52: Forecast UK Capital Expenditure of the Electricity Generating Industry, 2007/08-2011/12 73
53: Forecast UK Capital Expenditure and Process Plant Expenditure, by the Electricity Generating Industry, 2007/08-2011/12 74
54: Total Capital Expenditure by Water and Sewerage Companies, 2005- 2010 75
55: Total Capital Expenditure by Water Only Companies, 2005- 2010 76
56: Forecast UK Capital Expenditure on the Water and Sewerage Industry, 2007/08-2011/12 76
57: Forecast UK Capital and Process Plant Expenditure by the Water and Sewerage
Industry, 2007/08-2011/12 77
58: Forecast UK Capital Expenditure by the Petroleum Refining Industry, 2007/08-2011/12 79
59: Forecast UK Capital Expenditure by the Nuclear Fuel Processing Industry,
2007/08-2011/12 81
60: Ofgem’s Allowed Revenue from Gas Distribution, by GDNs, 2007/08-2012/13 82
61: Ofgem’s Allowed Revenue from Gas Distribution, by GDNs, 2007/08-2012/13 82
62: Forecast Gas Distribution Total Capital Expenditure, 2007/08-2012/13 83
63: Forecast Gas Distribution Total Capital Expenditure, by GDNs, 2007/08-2012/13 83
64: Forecast UK Capital and Process Plant Expenditure by the Gas Supply Industry,
2007/08-2011/12 84
65: Forecast UK Capital Expenditure by the Iron & Steel Processing Industry,
2007/08-2011/12 85