×
INTELLIGENT WORK FORUMS
FOR ENGINEERING PROFESSIONALS

Log In

Come Join Us!

Are you an
Engineering professional?
Join Eng-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!
  • Students Click Here

*Eng-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Jobs

Cost Index 1990

Cost Index 1990

Cost Index 1990

(OP)
I really need the chemical engineering plant cost index for year 1990.  Could anybody help me with this?

Thanks

I really appreciate your help

Anastasia

RE: Cost Index 1990

(OP)
I also need the chemical engineering cost index for 1991 - 1995.  Thanks again...

Anastasia

RE: Cost Index 1990

Type plant cost index in the Search field above and select the option of Search Posts (Keywords) and click on Search.

Ain't it simple?

RE: Cost Index 1990

Hi Amigos

Try this site of Mr.OWG,

www.curryhydrocarbons.ca

I think it`s the best reference of the CEPCI

Then  click at "Download" link

Regards from Venezuela!!!

RE: Cost Index 1990

Hi
Here the cost index of Chemical Engineering, Marshall&Swift, Nelson&Farra and Engineering News Records
Year  ChemEng Marshall  Nelson  ENR
1990    358    935    1226    441           
1991    361    952    1253    450           
1992    358    960    1277    464           
1993    359    975    1311    485           
1994    368    1000    1350    503           
1995    381    1037    1392    509           
1996    382    1051    1419    524           
1997    387    1068    1449    542           
1998    390    1075    1478    551           
1999    391    1083    1497    564           
2000    394    1103    1543    579           
2001    395    1110    1578    594        

RE: Cost Index 1990

Please can anybody explain what the chemical engineering cost index is and what is used for?
Does it give an estimation of the plants cost in the future?
Can I guess that the cost of the petrochemical plants is increasing and will be high at the future?

Thank you in advance

Regards

RE: Cost Index 1990

Hi BrainStorm

The method of estimation of The Chemical Eng. Plant Cost Index,and others, can not predict the cost in the future, but it can do it for the last year.
After you apply it ,you will have an idea of how the prices could be at the present time.

Economical engineering and Che.Eng. Plant design, were the name of one of the courses, related to this matter that I had studied at the University.

The best book:  Peters and Timmerhaus, "Plant Design and Economics for Chemical Engineers", 4th ed., McGraw-Hill, 1991.

I think you should review your old notebooks and remind.

Good luck

RE: Cost Index 1990

Hi Monagas
Can I understand from the plot excel file in the site you posted it that the prices have been increased since year 1970?
Is this also applicable for ethylene plant? Does it relate to the products prices?

Regards

RE: Cost Index 1990

CEPCI is mainly used to make estimates of the capital cost of building a process plant today, based on the cost of a similar plant some years ago. Used with an exponent (e.g. n=0.7) to adjust for plant capacity, the CEPCI provides a quick estimate of current plant costs. It has nothing to do with product prices.

HAZOP at www.curryhydrocarbons.ca

RE: Cost Index 1990

Thank u owg for the delivering the right understanding of the CEPCI, but has the CEPCI considered the market prices since the current prices have not ever reached?
If so, then how accurate the estimation would be for estimating a CAPX of a new plant currently or in the near future?

Regards

RE: Cost Index 1990

The monthly CEPCI is typically about 3 months behind the current costs of the resources like steel, eng labor, etc that go into a process plant. Since a plant usually takes 1-5 years from concept to on-line and may have a life of 10-20 years, these few months do not usually cause a problem.

HAZOP at www.curryhydrocarbons.ca

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Eng-Tips Forums free from inappropriate posts.
The Eng-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Eng-Tips forums is a member-only feature.

Click Here to join Eng-Tips and talk with other members!


Resources