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2023 CEPCI updates: April (prelim.) and March (final)
By Scott Jenkins, Chemical Engineering magazine | June 28, 2023
The preliminary value for the CE Plant Cost Index (CEPCI) for April 2023 (most recent available) rose compared to the previous month’s value, the second consecutive monthly rise. The April values saw small increases in all four subindices (Equipment; Buildings; Construction Labor; and Engineering & Supervision). The current CEPCI value now sits at 1.6% lower than the corresponding value from… MORE |
| Visit chemengonline.com/pci for more on capital cost trends and methodology. |
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About the CEPCI
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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