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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

The Future of Butadiene

The chemical process industries (CPI) have experienced many benefits from the so-called shale-gas boom — recent years have seen an unprecedented rise in construction and expansion activity in the petrochemicals sector. Shown in Figure 1 is construction at the Freeport, Tex. facility of The Dow Chemical Company (Dow; Midland, Mich.; www.dow.com). Dow... More
Plant Watch, Mergers and Business News

Pöyry awarded EPCM services assignments for sodium-chlorate plant in Brazil

Kemira Oyj (Helsinki; www.kemira.com) has awarded Pöyry Oyj (Vantaa, both Finland; www.poyry.fi) with assignments for EPCM (engineering, procurement and construction management) services for a sodium chlorate... More
Latest News

Albemarle and ICL form JV for flame retardants

Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) and ICL (Tel Aviv; www.icl-group.com) have announced that the two companies have entered into an agreement to establish a manufacturing joint venture (JV) for the production of ICL's FR-122P polymeric flame retardant and Albemarle's GreenCrest polymeric flame retardant.  These flame retardants are... More
Plant Cost Index

Current Trends

The preliminary value for the June CE Plant Cost Index (CEPCI; the most recent available) rose 0.3% from the final May value, after gains the previous two months. Subcategories of the equipment... More
Project Management

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
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Specialty chemical market volumes rose 1.0% in July, following a 0.8% rise in June, according to the latest Weekly Chemistry and...
Post Scripts & Corrections
Capital cost calculations I recently read the article “Capital Costs Quickly Calculated” [ Chem. Eng....

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