Chemical Engineering
Plant Cost Index
2023 CEPCI updates: January (prelim.) and December 2022 (final)
By Scott Jenkins, Chemical Engineering magazine | March 29, 2023
The preliminary value for the CE Plant Cost Index (CEPCI) for January 2023 (most recent available) declined from the previous month’s value, continuing a series of seven consecutive monthly decreases in the CEPCI overall value. In addition, the final value for December 2022 was downwardly revised from its preliminary value in a larger-than-usual adjustment that may be due in part…»
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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