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Wison starts site preparation for major project in Venezuela

Wison Engineering Services Co. (Shanghai, China; www.wison.com), the largest private sector chemical engineering, procurement and construction management (EPC) service provider in China, says that Wison Engineering Ltd., an indirectly non wholly-owned subsidiary of the company, has commenced the site construction activities of site preparation for the... More
Cost Engineering

Construction-Cost Indices

Cost estimation is a critical dimension of project planning in asset-heavy industries such as the chemical process industries (CPI). Construction cost indices are useful tools in cost estimation and are used to compare plant construction costs from one time period to another. Understanding them can improve the accuracy of the cost estimates, as well as the... More
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Plant Cost Index

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Design, Engineering & Construction

Project Optimization Through Engineering

In the face of intense market pressures, companies are increasingly requiring their engineering organizations to complete capital projects more quickly, while spending less capital and creating systems that cost less to operate over the long run. They are also asked to do this with fewer engineers. While this “do more with less” philosophy may... More
Plant Watch, Mergers and Business News

Caloric wins its first project in the U.K.

Caloric Anlagenbau GmbH (Gräfelfing, Germany; www.caloric.com) has won its first contract in the U.K. for a small, industrial onsite carbon-monoxide-generation plant (40 Nm³/h of pure CO). The plant will be delivered to a chemical company in the UK and will be realized as turnkey project within a 15 months schedule. With the Caloric Calor process... More
Latest News

Westlake to expand ethylene capacity in Lake Charles

Westlake Chemical Corp. (Houston; www.westlake.com) has announced that it will expand its ethylene capacity and make other capital improvements in Lake Charles, La. with an investment in excess of $330 million.  This expansion is expected to be completed in late 2015 or early 2016... More
Plant Cost Index

Current economic trends

The preliminary value for the August CE Plant Cost Index (CEPCI; the most recent available) rose 0.35% from the final July value, continuing a string of five consecutive monthly increases... More
Project Management

Plan and re-plan

FRI is lucky to have survived a simple valve-tray project. A few years ago, the low-pressure (LP) test column stood empty, because there were no trays ready to be installed. The intention was to install a set of new valve trays of a very simple design, but when the column was empty, neither a design nor the actual trays existed. It took five months for the... More
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Economic Indicators
The U.S. Chemical Production Regional Index (CPRI) continued its rise, gaining 0.6% in September, according to the latest Weekly...
Post Scripts & Corrections
Capital cost calculations I recently read the article “Capital Costs Quickly Calculated” [ Chem. Eng....

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