Chemical Engineering
Plant Cost Index
2023 CEPCI updates: December (prelim.) and November (final)
By Scott Jenkins | February 28, 2024
The preliminary value for the CE Plant Cost Index® (CEPCI; top) for December 2023 (the most recent available) edged slightly higher than the previous month’s value, reversing a trend of dereasing values for the past six months. Within the overall CEPCI value, small upticks were observed in the Equipment, Buildings and Construction Labor subindices. The Engineering & Supervision subindex was… MORE
Visit chemengonline.com/pci for more on capital cost trends and methodology.
 
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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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