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Convert Plant Capex from Other Countries to

Where the IC Index adjusts 's plant costs across time, a companion series converts peer-country plant costs into 's terms. 's report also includes a monthly Plant Location Factor (IL Factor) for each of the other 32 countries in the program. itself is the baseline, anchored at 1.00. Multiplying any peer-country plant construction cost by its IL Factor returns the equivalent cost in .

The figures on the right are a historical sample; up-to-date monthly values are delivered with an Industry Economics & Competitiveness subscription.

Beyond Construction Cost Indexes

The IC Index and the IL Factors are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries, including .

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33 Key Countries

Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.

7 Industries Covered

Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.

Reference Datasets

Country-level cost inputs for plant projects — labor costs, utility prices, construction indexes, and location factors.

Monthly Updates

Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.

Frequently Asked Questions

The report includes the Plant Construction Cost Index (IC Index) and a table of Plant Location Factors (IL Factors) for the 32 peer countries — all updated monthly. Both are included on Advanced and Ultimate plans, alongside the country competitiveness rankings.

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Every month, on the 3rd business day, for Advanced and Ultimate subscribers. Each release covers the most recent period available at the time of publication.

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Multiply the original cost by the ratio of 's IC Index at the target date over the IC Index at the original date. The same operation works across the full monthly history available.

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In 's report, find the IL Factor for the source country at the relevant date and multiply that country's plant cost by it. The result is the equivalent cost in — itself is the baseline (= 1.00) in its own report, so no ratio operation is needed.

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As a monthly PDF report, with download and print enabled on Advanced and Ultimate plans. The same data is available through the Excel Add-In, Power BI connector, and REST Web API for direct integration into spreadsheets, dashboards, or models.

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About the IC Index

's IC Index is a composite series — each monthly value reconciles the main cost drivers of industrial plant construction: labor, materials, logistics, and the business environment. Each component is weighted by its significance in overall construction costs, and the same methodology produces comparable indexes for all 33 countries covered, with a 6-month forecast alongside the historical record.

Use the IC Index for capital cost estimation, feasibility studies, and investment analysis. It applies to commodity manufacturing plants across the program's 7 covered industries — olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.

About the IL Factors

's IL Factor table aggregates country-level differences in the main cost drivers of industrial plant construction: labor, materials, logistics, and the business environment. Each driver is weighted by its significance in overall construction costs, and the same methodology produces a comparable IL Factor table for every country in the program — each anchored to its own report country = 1.00.

Use the IL Factors for cross-country capital cost comparisons, location studies, and global sourcing decisions. Like the IC Index, they apply to commodity manufacturing plants across the same 7 covered industries.

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