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Dear Chemical Engineering colleague,
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 — has received such wide acceptance that it has even been written into construction–contract, cost–escalation clauses.
Many CPI professionals, however, are still accessing these numbers the slow way, shuffling back through library archives for the old reference values and waiting for print copies of Chemical Engineering to arrive in the mail with the most recently calculated numbers.
CE’s Online CEPCI provides an easy way around such hassles, granting access to the entire CEPCI database, including all annual archives (1947 to present) and monthly data archives (1970 to present). And, instead of waiting more than two weeks for the print or online version of Chemical Engineering to arrive, subscribers to the Online CEPCI can access new data as soon as it is calculated. See how it is calculated here.
Below is a sample:
Resources included with the Online CEPCI
The Online CEPCI subscription provides the following:
Electronic notification of monthly updates as soon as they are available
All annual data archives (1947 to present)
Monthly data archives (1970 to present)
Option to download data in Excel format
You also get:
PDF files of Chemical Engineering’s monthly Economic Indicator pages. This page provides additional cost metrics including current business indicators such as the CPI Operating Rate.
Practical cost–engineering articles. A selection of helpful cost–estimation articles that have run in past issues of CE are also provided. Click here for one that describes how the CEPCI is calculated.
As you can see, the Online Chemical Engineering Plant Cost Index provides the resource you need to plant construction cost accuracy. Order it today.