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2018 CEPCI Updates: March (prelim.) and February (final)

The preliminary value for the February 2018 CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value. All four of the subindices (Equipment, Buildings, Construction Labor and Engineering & Supervision) moved higher for February, pushing…

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Business News – April 2018

Plant Watch Evonik to construct new polyamide 12 plant at Marl Chemical Park March 14, 2018 — Evonik Industries AG (Essen, Germany; www.evonik.com) is planning to build a new production complex for polyamide 12 (PA 12). The group intends to…

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The CE Plant Cost Index: An Update

Changes in the availability of source data for the CE Plant Cost Index periodically necessitate updates to how the index is calculated The Chemical Engineering Plant Cost Index (CEPCI) is a widely used tool for comparing plant construction costs in…

Global chemical production continues on soft note, ACC says

Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) show that growth in global chemical production continued on a soft note in February. The ACC’s Global Chemical Production Regional Index (Global CPRI) indicates that global chemicals…

U.S. specialty chemicals market regains momentum, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes regained momentum, increasing 0.4 percent in February, after only a 0.1 percent gain in January. All changes in the data are reported on a three-month…

Digitalization: What does it deliver today… and tomorrow?

Digitalization, properly deployed, has been proven by ABB to cut capital and operational expenditures up to 30 percent by accelerating and optimizing decision-making.  By 2025, further savings and performance improvements are expected from people working collaboratively with artificial intelligence. Colin…

CEPCI Updates: January 2018 (prelim.) and December 2017 (final)

The preliminary value for the January 2018 CE Plant Cost Index (CEPCI; most recent available) increased  compared to the previous month’s value. The Equipment, Buildings, and Engineering & Supervision subindices were all higher for January, pushing the overall monthly CEPCI…

Global chemicals productions stable in January, ACC says

Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) shows that growth in global chemical production started 2018 on a neutral note. ACC’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production was…

World’s largest single-train methanol-to-olefins plant now operating

Honeywell today announced that Jiangsu Sailboat Petrochemical Company, Ltd. has accepted a new methanol-to-olefins (MTO) unit provided by Honeywell UOP (Des Plaines, Ill.; www.uop.com), and that the plant is operating and has met all guarantees. With a production capacity of…

Recently Published Books for March 2018

The following titles are recently published books with relevance to the chemical process industries (CPI) . . .   Carbon Dioxide to Chemicals and Fuels. By Aulice Scibioh and B. Viswanathan, Elsevier, 2018, 510 pages, $170.00. Polymer-based Nanocomposites for Energy…