Chemical Engineering Plant Economics
Fixed charges for a chemical plant does not include the

Interest on borrowed money
Property tax, insurance and depreciation
Repair and maintenance charges
Rent of land and buildings

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Chemical Engineering Plant Economics
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is

Process instruments and control
Pumps and compressor
Fabricated equipment and machinery
Electrical equipments and material

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