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2022 CEPCI updates: July (prelim.) and June (final)
By Scott Jenkins | September 28, 2022
The preliminary value for the CE Plant Cost Index (CEPCI) for July 2022 (most recent available) fell slightly from the previous month's final value, which was downwardly revised by a small amount. The month-to-month decrease is the first in the overall CEPCI value since September 2020. The Equipment subindex, as well as the Buildings and Engineering & Supervision subindices decreased… »
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Since 1963, the chemical process industries (CPI) have used Chemical Engineering‘s Plant Cost Index (CEPCI) to adjust process plant construction costs from one period to another. Today, however, they have the ability to retrieve CEPCI data more promptly and on demand than the old method of searching for old copies of the magazine or waiting for the next one to arrive with new data.
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