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IC Index for Singapore

Singapore Plant Cost Index

Indexes to Estimate Plant Costs in Singapore

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Update Plant Costs in Singapore

Intratec Plant Cost Index in Singapore (Singapore Dollar)

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About these Indexes. The IC Index stands for Intratec Plant Construction Cost Index, an indicator, published monthly by Intratec, which enables users to scale capital costs from one time period to another. The index reconciles prices trends of fundamental components of a chemical plant construction such as labor, material and energy, providing meaningful historical and forecast data for users. Covering historical figures and near term forecasts of up to nine months, the IC Index is a handy tool for a series of purposes, like cost estimation, feasibility studies and investment analysis.

While there are delays in the release of official statistics used by Intratec for computing IC Index, the latest and upcoming values (forecasts) of the IC Index are calculated based on available preliminary data and/or estimates derived from relevant prices trends observed (e.g. labor, material and energy). In this context, three types of data are available for the IC Index:

  • Consolidated (C): calculations are carried with official statistics
  • Preliminary (P): an estimate of IC Index using available preliminary data and prices data from Intratec's database
  • Forecast (F): obtained from verified price trends

How to Use this Index. Using IC Index is quick and easy! See an example below:

Suppose you know that the construction cost of a given industrial plant in Singapore, back in April 2008, was SGD 290 million. However, you need to know how much the cost would be in February 2010.

To update a plant construction cost from April 2008 to February 2010, you just have to multiply the construction cost in Apr 2008 (SGD 290 million) by the ratio of IC index at Feb 2010 (96.4) over the IC index in Apr 2008 (113.9), as expressed in the equation below:

Construction Cost in Feb 2010 = Construction Cost in Apr 2008 * (IC Index at Feb 2010) / (IC Index at Apr 2008)

By applying this equation, you would quickly learn that the construction costs in February 2010 would be approximately SGD 245 million.

Convert Plant Costs from USA to Singapore

Intratec Plant Cost Location Factor (Singapore x USA)

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About this Factor. Intratec Location (IL) Factors are used to convert investment estimates from the US to another country of interest. They are useful tools for cost estimation in a range of assignments, involving: investment analysis, multi-regional economic assessments, global relocation studies, international cost models and cost escalation.

How to Use this Factor. Using IL Factors is Quick and Easy! See an Example Below:

Suppose you know that the investment for a given industrial plant in the US, in February 2008, was USD 190 million. However, you need to know how much the investment would be in Singapore.

To convert investment estimates from USA to Singapore, you just have to multiply the investment at February 2008 in USA (USD 190 million) by the IL Factor Singapore at February 2008 (1.03), as expressed in the equation below:

Investment Singapore at February 2008 = Investment USA at February 2008 * IL Factor Singapore at February 2008

By applying this equation, you would quickly learn that construction costs in Singapore at February 2008 would be approximately USD 195.7 million.

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Intratec Plant Construction Cost (IC) Indexes Subscription Plans


 

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STANDARD

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$299/year

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Customers may cancel the subscription plan at any time, whenever they want, in a private area in our website. Upon cancelation, recurring payments are immediately interrupted.

Customer will be able to access data until the end of the billing period. Therefore, customer will not be entitled to a refund when canceling a subscription plan.

Short Term Forecast

Subscribers to the Intratec IC Indexes 'Pro Plan' will have access to short term forecast indexes covering the upcoming 12 months, available for all regions covered in our IC Index database.