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Chemical plant cost indexes - Wikipedia

Chemical plant cost indexes are dimensionless numbers employed to updating capital cost required to erect a chemical plant from a past date to a later time, following changes in the value of money due to inflation and deflation. Since, at any given time, the number of chemical plants is insufficient to use in a preliminary or predesign estimate ...

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For more than 46 years, chemical process industries (CPI) professionals — engineers, managers, and technicians — have used Chemical Engineering's Plant Cost Index (CEPCI) to adjust process plant construction costs from one period to another. This index — rather, indexes, as it consists of a composite index and eleven sub–indexes ...

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1950 1960 1970 1980 1990 2000 2010 2020 Year 0 100 200 300 400 500 600 Cost Index Year CEPCI 2011 585.7 2010 550.8 2009 521.9 2008 575.4 2007 525.4 2006 499.6

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Engineering Practice Updating the Plant Cost Index

was the year of the last major CEPCI revision. This revision involved a change in the productivity factor, as well as major reductions in the num-ber of index components. Taken to-Engineering Practice 62 CHEMICAL ENGINEERING WWW.CHE.COM JANUARY 2002 Updating the Plant Cost Index Changing ways of building plants are …

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