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Comment Business & Economics

2020 CEPCI Updates: December (prelim.) and November (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for December 2020 (the most recent available) shows a pronounced increase from the previous month’s value. The current increase is the third consecutive monthly increase, although the November value was downwardly revised from its own preliminary version. All four of the major subindices saw upticks in the December data. The current CEPCI value now sits at 2.5% higher than the corresponding value from December 2019. Meanwhile, the Current Business Indicators showed increases in the CPI Output Index for January 2021, as well as the CPI Value of Output for December of last year. The CPI Operating Rate was also up in January.

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Since its introduction in 1963, the Chemical Engineering Plant Cost Index (CEPCI) has served as an important tool for chemical-process-industry…

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