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Intratec IC Index Reveals Trends on Chemical Plant Construction Costs

Latest IC Index forecasts a long-term increase in construction costs despite the decrease in steel prices.
Houston, TX In its most recent update, IC Index, Intratec's free online chemical plant construction cost index,
extends its projections to May-2013, demonstrating an expected increase in relation to the same period of the
former year. The index growth is spurred mostly by energy prices.
From May 2011 to May 2012, IC Index
has grown 0.9%. Steel prices and
inflation rates increased during the
same period; nonetheless, a drop of
the energy prices was observed.
During the period of April 2012 to
May 2012, IC index also verified a 0.9%
rise, leading to its highest value since
September 2008, when IC Index
started descending from its historical
peak.
The forecast for May-2013 IC Index
presents an increase of 4.1%. Energy
prices and the inflation ratio are
projected to corroborate this scenario,
although steel prices tend to decrease.
IC Index stands for Intratec chemical plant construction cost index, a handy tool employed, e.g., to scale capital
costs, in when-to-buy decisions, procurement budgeting and rate of return analysis. It is suitable for engineers and
decision-makers, as well as for university students. IC Index users will not face such things as limited access, trials or
hidden charges of any kind. It is truly a free tool, points out Mr. Felipe Tavares, CEO of Intratec.


About Intratec Solutions
Intratec (www.intratec.us) has been the unrivalled provider of techno-economic publications and process
consulting for chemical and allied industries. Intratec's wide spectrum of services includes conceptualization,
technical and economic analysis, process optimization, plant design and plant retrofits. With offices in USA, Mexico,
Brazil and Canada, Intratec serves readers and clients wherever they need. Intratec is the developer of the only free
available Chemical Plant Construction Cost Index (IC Index) in the market. Know more at www.intratec.us/ic.