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Chemical Engineering Economics



U.T. restricted : These resources are available to UT-Austin students, faculty, and staff only.
All print materials print material listed are in the Chemistry Library unless otherwise noted.
Entries marked with a star (star) are particularly useful.

JUMP TO: Trade News: Chemical Prices, Cost Indexes | Web Resources | Indexes: Business | Indexes: Technical | Books

Getting Started: General Reference Sources

Kirk Othmer Encyclopedia of chemical technology. 5th ed. star U.T. restricted
print material Reference TP 9 K54 2004
Core information source presents a wealth of information on preparation, manufacturing processes, uses of materials, properties of chemical substances, and chemistry fundamentals. This should be your first stop when looking for process information for major chemical products. Chapters on important industrial products usually contain a section on economics, pricing, and production. Also available online.

Ullmann's encyclopedia of industrial chemistry. 7th ed. star
print material Reference TP 9 U57 2011, 40 vols.
Comprehensive coverage of industrial chemistry topics. Complements Kirk-Othmer with more of a European focus.

Encyclopedia of chemical processing and design.
print material Reference TP 9 E66, 68 vols., 1976-99
Lengthy articles on chemical products and their processes, economics, equipment, and applications. The economic data are obsolete, but figures may be extrapolated to current estimates by using the various cost indices.

Perry's chemical engineers handbook. 8th ed.
print material Handbook Table
E-Book U.T. restricted
Compendium of data tables and textual information on virtually every aspect of chemical engineering, including mathematics and physical/chemical data. Use the index as a starting point.


Trade Magazines and Industry News

CHEMICAL PRICES:

There is no single, authoritative source of prices for bulk chemicals. The highest quality commercial sources are compiled for business subscribers and tend to be quite expensive, and are not available to an educational audience. Students must gather pricing information piecemeal from various trade publications and web searches. Some points to remember:

COST INDEXES:

The principal indexes used to estimate plant costs are published in the magazines listed below. They are: CE Plant Cost Index, Marshall & Swift, Vatavuk Air Pollution Control (in Chemical Engineering); Nelson-Farrar (in Oil & Gas Journal); ENR CCI (in ENR).

PUBLICATIONS:

The links in this section are to the home pages of these publications; access to most content requires a personal subscription. Some full text can be found via Business Source Complete, where noted in the descriptions. Print issues are shelved by title in the Chemistry Library except where noted. The star indicates a title useful for pricing news.

Icis Chemical Business
ICIS chemical business. star
print material Weekly, 2005-forward print issues in Chemistry Library Journal Stacks
Some content (text only) is available online via Business Source Complete.

  • The Market Trends & Data column highlights current trends for selected chemicals and provides spot or contract bulk prices for a short list of major chemicals.
  • The Chemical Profile presents recent production and demand information for a particular product, including a price history. Profiles of about 50 chemicals are updated every 1-2 years and cover American, European, or Asian markets. We maintain a list of chemical profiles published since 2006.
  • ICIS offers a price report service for personal subscription. Some older sample reports are available free with registration. A static list of indicative prices from August 2006 is also freely available. [Reed Elsevier]

Chemical Engineering New York star
print material Chemistry Library Journal Stacks [Catalog Record]
Each month CE updates various cost indexes important for estimation purposes: Marshall & Swift, CE Plant Cost Index, Vatavuk Air Pollution Control Cost Index. CE publishes an annual Buyers' Guide directory each fall. [McGraw Hill]

Chemical Week
print material Chemistry Library Journal Stacks
Some full text available online via Business Source Complete.
The weekly "CW Price Report" appeared in print until mid-2010, when it was split off into a separate online service called PriceWatch available for personal subscription. CW also publishes the annual Buyers' Guide directory. [IHS]

Chemical and Engineering News
Chemical and engineering news.
print material Chemistry Library Journal Stacks
Weekly news magazine of the American Chemical Society. C&EN does not report pricing data, but it publishes occasional profiles of industry segments as well as annual statistical features such as "Facts and Figures for the Chemical Industry" (usually in early July) and employment and salary outlooks.

To search C&EN from August 1998 forward, use the search box on the magazine's home page. To search earlier content in the C&EN Archives, use the ACS Advanced Search form, specify C&EN in the publication list, and adjust the date ranges accordingly. UT does not subscribe to C&EN Online, but it can give you the reference to find the article in our print copy. [ACS]

Hydrocarbon Processing
print material Chemistry Library Journal Stacks
News and research from the petroleum refining industry. [Gulf Publishing]

Oil and Gas Journal
print material TN 860 O4 Geology Library
Newsmagazine for the petroleum refining and exploration industries. Contains the Nelson-Farrar Cost Index for petroleum refinery construction. Follow the link from the Library Catalog to see options for full-text access. [PennWell]

E N R
print material TA 1 E6 Engineering Collection (PCL)
Newsmagazine for the engineering and construction industries. Contains a construction cost index. [McGraw Hill]


Web Resources

BuyersGuideChem
Based in Germany.

Chembargains.com
Online marketplace for chemical companies (most in China), manufacturers, importers, and buyers. This site can give you an idea of what specific chemicals are selling for currently in the international market.

ChemBuyersGuide.com
International meta-catalog site.

ChemicalBook
Chinese chemical product database with global supplier information.

Chemical Economics Handbook
Produced by IHS (formerly by SRI), the CEH is an important source of commercial chemical market analysis for industry players. Its periodic reports on major commodity chemicals are very expensive: a single report on a pay-per-view basis costs $3,000 and up. (The abstracts are publicly available.) Reports are not available through interlibrary loan and very few libraries subscribe to this highly restricted resource.

Chemical Engineering Buyers' Guide
Search for products or companies, or browse by category.

ChemicalRegister.com
An international "yellow pages" site listing thousands of chemical products and producers.

Chemical Week Buyers' Guide
Browse by type of service/product, and search by supplier, product, tradenames, etc.

IHS Chemical
IHS has acquired most of the major chemical market intelligence companies in recent years, including Chemical Market Associates (CMAI), SRI Consulting, and the magazine Chemical Week.

London Metal Exchange
Current price and trading information for non-ferrous metals and plastics. Registration required to view some data.

LookChem
A trading site of chemicals from various suppliers, mostly in China.

ThomasNet
ThomasNet (formerly the Thomas Register) profiles North American companies that manufacture various products and commodities. Search by product name or browse in the chemical categories. Includes a White Paper library of market analyses and case studies.

U.S. Bureau of Labor Statistics: PPI
The BLS provides interactive tables of Producer Price Index data for commodities including chemicals.

U.S. Census Current Industrial Reports
Government data on production and shipment of important manufactures, including chemical.

U.S. Geological Survey Minerals Information
"Statistics and information on the worldwide supply of, demand for, and flow of minerals and materials essential to the U.S. economy, the national security, and protection of the environment." Includes annual reports on commodity minerals.

U.S. Petroleum Prices
Current and historical prices for crude oil, gasoline, heating oil, diesel fuel, and propane, along with analysis and updates. [US EIA/DOE]


Indexes: Business and Trade Journals, Statistics, and News Sources

Business Source Complete star U.T. restricted
Indexing and full text to thousands of business and trade journals. The best way to search for price information on a particular chemical is to use an accepted trade/generic name or abbreviation for the chemical with the keyword pric*, and apply a recent date limit:
butadiene and pric*

Business and Company Resource Center U.T. restricted
Provides access to company profiles, company brand information, rankings, investment reports, company histories, chronologies, and periodicals.

Factiva U.T. restricted
Updated daily. A global information resource, providing full-text access to top national and international newspapers (including full text of the Wall Street Journal), newswires, business journals, market research reports, analysts reports and web sites. Contains over 8000 publications, with some coverage of chemical trade publications.

Lexis-Nexis Academic U.T. restricted
Extensive business and financial news and data source.


Indexes: Technical Literature

SciFinder (Chemical Abstracts) U.T. restricted
Comprehensive indexing of the worldwide literature in all areas of chemistry, chemical engineering, and related disciplines. (CAS does not cover business/trade publications.)

Engineering Index U.T. restricted
Coverage of the worldwide journal and conference literature in all fields of engineering.


Books

There are many books available on chemical process design and economics. Search the Library Catalog by keywords or by the subject heading Chemical plants -- Design and construction. Or you may just browse the shelves in the Chemistry Library at TP 155.5, where most books on this topic are located.


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