Chemical Engineering
Plant Cost Index
2024 CEPCI updates: February (prelim.) and January (final)
By Scott Jenkins | April 24, 2024
The preliminary value for the CE Plant Cost Index (CEPCI) for February 2024 (most recent available) rose compared to the previous month’s value, continuing a string of increases over the past three months. For February, the increase in the overall CEPCI was driven by gains in the Equipment and Buildings subindices, which offset smaller decreases in both the Construction Labor… 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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