NELSON-FARRAR QUARTERLY COSTIMATING Indexes for selected equipment show moderate increase

Gary Farrar Contributing Editor Indexes for Selected Equipment Items [107492 bytes] Itemized Refining Cost Indexes [194126 bytes] Itemized Refining Cost Indexes Costs for six selected equipment items used in refining construction operations have been surveyed for the 3 years, 1994-1996. The accompanying table shows Nelson-Farrar equipment indexes for these items of equipment. Valves and fittings showed the greatest increases in cost, rising from 1,340.8 in the first quarter of 1994 to 1,460.5

April 7, 1997

Gary Farrar
Contributing Editor

Costs for six selected equipment items used in refining construction operations have been surveyed for the 3 years, 1994-1996. The accompanying table shows Nelson-Farrar equipment indexes for these items of equipment.

Valves and fittings showed the greatest increases in cost, rising from 1,340.8 in the first quarter of 1994 to 1,460.5 in the last quarter of 1996.

Four other items showed more modest increases. The tanks and pressure vessels category rose from 684.2 to 731.8 during the 36-month span. Non-metallic building materials increased from 658.5 to 712.5. Bubble trays showed an index gain from 968.9 to 1030.1. Fractionating towers showed a 55-point gain, increasing from 801.5 to 856.9 over the 3-year period.

The final category, tube stills, rose 19.7 points during the data compilation period. Beginning index value was 378.7, while the final value was 398.4.