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This site uses cookies to optimize your experience including more relevant content and messaging. To learn more about disabling cookies in your browser, click here. By continuing to use this site, you accept our use of cookies. For more information, view our updated Privacy Policy. I Consent * Issues * Webinars * White Papers * Events * Podcasts * Store * Plant Cost Index * Open Search * Search * Subscribe * Login * Processing & Handling * Separation Processes * Water Treatment * Heat Transfer * Solids Handling * Automation & Control * Environment, Health, Safety & Security * WEFTEC More SIGN IN Email or Username Password Forgot Password? Please contact clientservices@accessintel.com or call 1-888-707-5814 if you are unable to login. Not a member? Sign up CATEGORIES * Automation & Control * Bookshelf * Business & Economics * Career & Workforce * Distillation * Environment, Health, Safety & Security * Heat Transfer * Laboratory and Analytical Techniques * Operations & Maintenance * Packaging * Podcasts * Processing & Handling * Pumps * Separation Processes * Solids Handling * Sustainability * Water Treatment MOBILE NAVIGATION Search * Login * Subscribe * Current Issue/Archives * Webinars * White Papers * Events * New Products * Advertise & Media Kit * Store * Plant Cost Index * Connected Plant * Quizzes * BrandConnect * Video Archive * Job Listings EVENTS * HydrogeNext * Connected Plant Conference CATEGORIES * Automation & Control * Bookshelf * Business & Economics * Career & Workforce * Distillation * Environment, Health, Safety & Security * Heat Transfer * Laboratory and Analytical Techniques * Operations & Maintenance * Packaging * Podcasts * Processing & Handling * Pumps * Separation Processes * Solids Handling * Sustainability * Water Treatment * Magazine * Buyer's Guide * Brand Connect * Jobs * FAQs * About * Contact THE CHEMICAL ENGINEERING PLANT COST INDEX AddThis Sharing Buttons Share to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThis183 Since its introduction in 1963, the Chemical Engineering Plant Cost Index (CEPCI) has served as an important tool for chemical-process-industry (CPI) professionals when adjusting process plant construction costs from one period to another. The CEPCI consists of a composite index assembled from a set of four sub-indexes: Equipment; Construction Labor; Buildings; and Engineering & Supervision. Each index and subindex is the weighted sum of several components. Most of these components correspond to Producer Price Indexes (PPIs), updated and published monthly by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS; Washington, D.C.; www.bls.gov). According to BLS, the PPIs “track the average change in net transaction prices that domestic producers in the mining, manufacturing, agriculture, and forestry sectors, as well as selected services industries, receive for the products that they make and sell.” The price quotations that the BLS uses to build these indexes come from a statistically chosen sample of representative transactions obtained from a statistically chosen sample of representative producers in each 600 or so industries. From these several thousand indexes, 41 PPIs have been selected as inputs to the CEPCI and sub-indexes. These PPIs cover products that are important for CPI plant construction, including carbon steel plates, fans and blowers, concrete pipe, and lighting fixtures, and many others. ALREADY A CEPCI SUBSCRIBER? Current customers login here: Already a Chemical Engineering member? You must be logged in to view this page. Email or Username Password Forgot Password? JOIN NOW FOR 99¢ Sign-up for Full Member Access No commitment | Cancel anytime Please contact clientservices@accessintel.com or call 1-888-707-5814 if you are unable to login. START YOUR CHEMICAL ENGINEERING PLATINUM MEMBERSHIP TODAY TO GET ALL OF THE PLANT COST INDEX + MUCH MORE. Get Chemical Engineering’s Plant Cost Index to Improve Plant Cost Estimates… and delivered online in advance of the print edition! For more than 46 years, chemical process industries (CPI) professionals — engineers, managers, and technicians — have used Chemical Engineering’s Plant Cost Index (CEPCI) to adjust process plant construction costs from one period to another. This index — rather, indexes, as it consists of a composite index and eleven sub–indexes — has received such wide acceptance that it has even been written into construction–contract, cost–escalation clauses. Many CPI professionals, however, are still accessing these numbers the slow way, shuffling back through library archives for the old reference values and waiting for print copies of Chemical Engineering to arrive in the mail with the most recently calculated numbers. CE’s Online CEPCI provides an easy way around such hassles, granting access to the entire CEPCI database, including all annual archives (1947 to present) and monthly data archives (1970 to present). And, instead of waiting more than two weeks for the print or online version of Chemical Engineering to arrive, subscribers to the Online CEPCI can access new data as soon as it is calculated. See how it is calculated here. Below is a sample: RESOURCES INCLUDED WITH THE ONLINE CEPCI The Online CEPCI subscription provides the following: * Electronic notification of monthly updates as soon as they are available * All annual data archives (1947 to present) * Monthly data archives (1970 to present) * Option to download data in Excel format You also get: PDF files of Chemical Engineering’s monthly Economic Indicator pages. This page provides additional cost metrics including current business indicators such as the CPI Operating Rate. Practical cost–engineering articles. A selection of helpful cost–estimation articles that have run in past issues of CE are also provided. Click here for one that describes how the CEPCI is calculated. As you can see, the Online Chemical Engineering Plant Cost Index provides the resource you need to plant construction cost accuracy. Order it today. Thank you, Dorothy Lozowski Editor DLozowski@accessintel.com CURRENT ISSUE Read full edition Past issues Join today to get all of CHEMICAL ENGINEERING Subscribe Now GOLD MEMBER CONTENT Chemical Engineering A new tool to capture 'microbial dark matter' Chemical Engineering Converting waste paper into better battery anodes Chemical Engineering Non-Invasive Temperature Measurement in the CPI Chemical Engineering Doing Multiple Experiments at the Same Time Chemical Engineering ESG Programs: Understanding the Untapped Opportunities Become a Gold Member TEST YOUR KNOWLEDGE Focus on Check Valves Test Your Knowledge: Focus on Jacketed Vessel Heating Focus on Thermal Flow Switches Test Your Knowledge: Risk Assessment More Quizzes > JOB LISTINGS * Seattle Project Manager - Senior PM - Asst PM - Watry Design, Inc. - Seattle, WA * Industrial Electrical Engineer - The RMH Group, Inc. - Boulder, CO * Survey Crew Chief - Payne + Dolan, Inc. - a Walbec Group Company - Appleton, WI * Professional Land Surveyor - Payne + Dolan, Inc. - Walbec Group Company - Appleton, WI * Professional Engineer - Payne + Dolan, Inc. a Walbec Group Company - Appleton, WI View Jobs Search Jobs Post Resume FREE e-letters Chemical Engineering news and content delivered every week Start your e-letters now * Webinars * Partner Insights * Events & Announcements * White Papers * Advertising & Media Kit * Editoral Submissions and Upcomings * Manage My Account * About Us * Awards * Past Issues * FAQs * Contact © Access Intelligence, LLC. 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