Costs for six selected equipment items used in refining construction operations have been surveyed for the 3 years, 2004-06. The accompanying table shows Nelson-Farrar equipment indexes for these items of equipment.
Bubble trays showed the greatest increases in cost, rising from 1,227.8 in first-quarter 2004 fourth-quarter 2006.
Four other items showed more modest increases. The tanks and pressure vessels category rose to 1,030.3 from 804.6 during the 36-month span. Tube stills increased to 600.3 from 439.9. Valves and fittings showed an index gain to 1,883.1 from 1,624.1. Fractionating towers showed a 235-point gain, increasing to 1,233.1 from 998.2 over the 3-year period.
The final category, nonmetallic building materials, showed the least gain during the data compilation period. Beginning index value was 810.1, while the final value was 984.8.
Click here to download the rest of the Itemized refining cost indexes table.