PLANT COST INDICES
UK and International
Plant Cost Indices
First appearing in Process Engineering in 1973,
our long-running UK and International Plant Cost
Indices provide important data for process design
and project engineers.
For the benefit of new readers, a brief
explanation of the background to the indices
might help. Like most such economic indices, the
UK ‘Predict’ Plant Cost Index is a composite
figure, made up from four components, carefully
weighted to take into account most activities
involved in construction projects. In these terms,
the composite index, C, is given by:
UK Predict Indices 2008
C (Composite)
Eq (Equipment)
Ci (Civils)
Cn (Construction)
Di (Design & eng)
OCT NOV DEC
137.5
138.9
133.7
138.2
135.8
139.3
140.3
134.7
138.5
139.8
International Plant Cost Indices 2008
Australia
Austria
Belgium
Canada
Czech Republic
Denmark
Finland
France
Germany
Hungary
Italy
Japan
Mexico
Netherlands
Spain
Sweden
USA
139.3
140.2
137.2
138.1
139.5
OCT NOV DEC
133.9
123.1
128.0
124.4
155.6
129.4
130.0
126.1
120.9
202.1
124.3
128.8
121.5
121.9
136.5
120.6
147.8
133.9
124.3
126.7
125.4
165.6
129.3
129.9
126.0
121.3
202.5
124.4
127.2
120.4
121.7
136.5
122.0
145.1
C = 0.45Eq + 0.1Ci + 0.19Cn + 0.26Di
in which Eq is the ‘Equipment Index’, Ci the ‘Civil
Index’, Cn the ‘Construction, or Site, Index’, and
Di a ‘Design, Engineering and Administration
Index’. All four component indices are in turn
made up of their own sets of sub-indices.
All the PE indices are to the base 2000avr =
100, but as the OECD raw data has also recently
been revised to this same base, some of the
International figures have been revised.
Therefore, please consider all figures given below
as having been ‘revised’.
133.9
124.4
125.2
125.3
153.1
129.2
129.8
125.9
121.4
202.9
124.6
127.9
120.4
121.5
136.5
123.9
143.6
In all tables:
R= revised value
P= provisional value;
F= forecast value
In all tables:
R= revised value
P= provisional value;
F= forecast value
CONTRACTS
EUROPE
Emerson has been contracted by EDF to
automate six new CCGT units with its
PlantWeb digital plant … Foster Wheeler is to
undertake the front-end engineering design
for StatoilHydro for the carbon dioxide/amine
project at the Åsgard B offshore production
facilities … Waste management firm
Cyclamax will build its fourth facility, a 15MW
unit, on a 3.5ha site at the London
Sustainable Industries Park … AMEC has won
a four-year contract for operations and
maintenance support services for BP's Unity
platform in the North Sea … Taim Weser is
responsible for design, manufacture and
supply of two machinery facilities and a crane
for the Euro3,200m project to expand the
Repsol YPF Cartagena refinery.
MIDDLE EAST, AFRICA
Saudi Aramco is set to sign a memorandum
of understanding with Sumitomo Chemical for
the £18.4bn Petro Rabigh expansion, which
will include construction of integrated
industrial cities … Yokogawa has received five
orders from the Egyptian Electricity Holding
Co to supply automation and control systems
for construction and upgrade of power plants
in Egypt … Denmark’s Haldor Topsoe has
signed contracts with two Iranian companies
for supply of technology for two methanol
plants … Konecranes UK has an order from
Mitsubishi Heavy Industries for the supply and
installation of a 100t/40tonne SM crane at
the Abu Qir power station in Egypt … Technip
has won Middle East Oil Refinery’s EPC
contract, estimated at Euro43m, for
expansion of the delayed coking unit of its
refinery in Alexandria, Egypt.
FAR EAST, AMERICAS, ROW
Siemens Water Technologies is to provide a
system to treat wastewater from a new flue
gas desulfurisation scrubber at an eastern
power plant in the US. Foster Wheeler has
won a contract from Doosan Heavy Industries
for FEED and technical services on a new
gasification island in South Korea ... Jacobs
Engineering is to provide EPCM consultancy
for a crude distillation/vacuum distillation
project on an expansion programme at
Mangalore Refinery Petrochemicals Ltd's
refining complex in Mangalore, India.
For regular updates on contracts & projects,
visit: www.processengineering.co.uk
PROCESS ENGINEERING : MAY/JUNE 2009
57
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