Page 191 - Analysis, Synthesis and Design of Chemical Processes, Third Edition
P. 191
Unless otherwise stated, the Chemical Engineering Plant Cost Index (CEPCI) will be used in this text to
account for inflation. This is a composite index, and the items that are included in the index are listed in
Table 7.5. A comparison between these two indices is given in Example 7.6.
Talbe 7.5 The Basis for the Chemical Engineering Plant Cost Index
Example 7.6
2
The purchased cost of a heat exchanger of 500 m area in 1992 was $25,000.
a. Estimate the cost of the same heat exchanger in 2006 using the two indices introduced above.
b. Compare the results.
From Table 7.4 1992 2006
Marshal and Swift Index 943 1302
