Intratec Chemical Plant Construction Cost Index (IC Index) is a handily tool which enables scaling of capital costs needed to erect a chemical plant at a certain time in the past to a later time (at the present or even at the future).
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Initiative Brief Description
Intratec Plant Construction Cost Index (IC Index) comprises a series of specific and general price indexes, evaluated by Intratec consultant's as fundamental for the construction of chemical plants, which are combined to reasonably reflect generic chemical plants capital costs. Most of the price indexes are obtained from Bureau of Labor Statistics (BLS) website and measures the behavior of selling prices received by U.S. producers during time.