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Lummus acquires water and wastewater-treatment technologies from Siemens Energy

Lummus Technology (Houston) announced that it has reached an agreement with Siemens Energy to acquire assets from its water solutions portfolio, including intellectual property and copyrights, trade secrets, and research and development properties. The technologies address water and wastewater needs…

2023 CEPCI updates: March (prelim.) and February (final)

The preliminary value for the CE Plant Cost Index (CEPCI) for March 2023 (most recent available) is slightly higher than the February values. All four subindices (Equipment, Buildings, Construction Labor, and Engineering & Supervision) rose slightly from the previous month.…

Dow selects site for nuclear project

Dow (Midland, Michigan; www.dow.com) and X-Energy Reactor Company, LLC (Rockville, Md; www.x-energy.com) announced that Dow has selected its Union Carbide Corporation (UCC) Seadrift Operations manufacturing site in Texas for its proposed advanced small modular reactor (SMR) nuclear project. The project…

Both global and U.S. chemical production trended higher in March, ACC says

According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the Global Chemical Production Regional Index (Global CPRI) rose by 0.7% in March, following a 0.2% increase in February. In the U.S., the U.S. Chemical Production Regional Index (U.S. CPRI)…

Bookshelf for May 2023: Recently Published Books for the CPI

The following is a list of recently published books that may be relevant for various parts of the chemical process industries (CPI):  Fire Protection Handbook, 21st edition. By the National Fire Protection Association, NFPA, 2023, two-volume set, $749. Contract Strategies…

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Business News: May 2023

Plant Watch Evonik plans to double global PEBA production capacity April 14, 2023 — Evonik Industries AG (Essen, Germany; www.evonik.com) is doubling its global capacity for polyether block amide (PEBA) with a twofold approach, including a major expansion of its…

Petroleum Refining Decarbonization Strategies

As refiners respond to shifting product demand, pressure to decarbonize operations builds. Investments in low-carbon hydrogen technologies, process optimization and integration projects are on the rise The petroleum-refining sector sits in a unique place: global demand for refined products —…

2023 CEPCI updates: February (prelim.) and January (final)

The preliminary value for the CE Plant Cost Index (CEPCI) for February 2023 (most recent available) fell compared to the previous month’s value, continuing a series of eight consecutive monthly decreases in the CEPCI overall value. However, the final value…

Energizing the CPI

The first issue of this publication in September of 1902, then titled Electrochemical Industry, contained this statement from professor C.F. Burgess: “Chemical manufacturing was a number of years ago considered best developed when the processes were so simple that no…

CEPCI annual value for 2022 sets a new high for second straight year

The value of the 2022 Chemical Engineering Plant Cost Index (CEPCI) exceeded the previous year’s value by a significant margin. The rise in the 2022 CEPCI echoes the large increase observed for the 2021 annual CEPCI value, and places the…