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2024 CEPCI updates: February (prelim.) and January (final)

Th e 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 …

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Economic Indicators for Nov. 2016 CEPCI

The preliminary September 2016 CEPCI value stands at 1.4% lower than the corresponding value from September of last year. Meanwhile, the latest Current Business Indicators (CBI) for October 2016 showed a slight increase in the CPI Output Index, as well as a gain in the September CPI Value of Output compared to August.

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October 2024

October 2024 – Economic Indicators. September 19, 2024 | By Scott Jenkins The preliminary value for the CE Plant Cost Index (CEPCI) for July 2024 (most recent available) was slightly lower, but almost unchanged, compared to the previous month's value. The final value for June 2024 was downwardly revised by a small margin.…

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Correlating the chemical engineering plant cost index …

As an alternative, we suggest a correlation for predicting the index as a function of readily available and forecast macro-economic indicators: CEPCI(n) = 0.135 • CEPCI(k0) • exp{A•Σnk=k0(ik)} + B•Poil + C with k0 the first year of the period under consideration, ik the interest rate on US bank prime loans in year k, and Poil the US ...

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Correlating the chemical engineering plant cost index with …

(DOI: 10.1016/J.CHERD.2013.07.022) The chemical engineering plant cost index (CEPCI) is widely used for updating the capital costs of process engineering projects. Typically, forecasting it requires twenty or so parameters. As an alternative, we suggest a correlation for predicting the index as a function of readily available and forecast macro-economic indicators: CEPCI ( n ) = …

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Economic Indicators Archives

September 2024 – Economic Indicators. The preliminary value for the CE Plant Cost Index (CEPCI) for June 2024 (most recent available) decreased slightly compared to the previous month's value. Since the beginning of the year, the value …

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Cost Indexes & Other Economic Indicators

Economic Indicators are used to judge the health of an industry or market segment. ... (CEPCI) Current Business Indicators for the chemical process industries such output index, output $, operating rate, producer prices, hourly earnings index, and productivity index.

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Economic Indicators

Economic Indicators. December 1, 2014 | By Chemical Engineering Current trends The preliminary value for the September CE Plant Cost Index (CEPCI; top; the most recent available) rose 0.26% from the final August …

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Correlating the chemical engineering plant cost index …

As an alternative to the disaggregation method, straightforward prediction of the CEPCI from more general economic indicators on the cost of materials and labour could also be attempted. Cran (1976) suggested two component indices as effective proxies for major construction engineering indices, including the CEPCI. The two indices that he ...

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2023 CEPCI® updates: December (prelim.) and November …

The Engineering & Supervision subindex was flat. The current CEPCI® value now sits at 1.5% lower than the corresponding value from December 2022. Meanwhile, the Current Business Indicators (middle) show the CPI output index rose by a tiny margin in December 2023, while the CPI value of output index fell slightly in November 2023.

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2024 CEPCI updates: January (prelim.) and December 2023 …

The Engineering & Supervision subindex rose slightly, and the Construction Labor subindex declined by a small amount. The current CEPCI value now sits at 0.9% lower than the corresponding value from January 2023. Meanwhile, the Current Business Indicators (middle) show decreases in the CPI output index and CPI operating rate for January 2024.

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che_january-2024

To arrive at the overall CEPCI decline for October 2023, decreases in the Equipment and Buildings subindices offset small increases in the Construction Labor and Engineering & Supervision subindices. The current CEPCI value now sits at 3.1% lower than the corresponding value from October 2022.

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2023 CEPCI updates: January (prelim.) and December 2022 …

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 …

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Economic Indicators

the June CEPCI was a result of small decreases in each of the four subindi-ces: Equipment; Construction Labor; Buildings; and Engineering & Supervi-sion. The current CEPCI value now sits at 0.56% lower than the corresponding value from June 2023. Meanwhile, the Current Business Indicators (middle) show a small decline in the CPI output

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Engineering Practice Updating the Plant Cost Index

while the CEPCI is built around new plant-construction costs, trends in the M&S have been comparable to the CEPCI. The quarterly M&S index is published on CE's Economic Indica-tors page, along with the VAPCCI (see box, p. 69) and other indexes. Two questions of engineering phi-losophy intrude here and need ad-dressing. Why do we use a productiv-

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September 2024

September 2024 – Economic Indicators. September 10, 2024 | By Chemical Engineering The preliminary value for the CE Plant Cost Index (CEPCI) for June 2024 (most recent available) decreased slightly compared to the previous month's value. Since the beginning of the year, the value has been hovering around 800. ...

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