Chemframe Data: Sources and Methodology

At Chemframe, our mission is to empower users with reliable data and tools to streamline the investment and project planning process in the petrochemical industry. Below is an overview of our data sources, methodologies, and the important disclaimers associated with using Chemframe.

1. Process Plant Data

Chemframe provides data on process plants derived from two key sources:

  • Publicly Available Generic Information: Includes industry averages, market studies, and historical data that offer a foundational understanding of process technologies.
  • Data from Technology Holders and Licensors: Technology licensors contribute detailed and up-to-date information directly on Chemframe. These licensors continuously refine and optimize their datasets to reflect advancements in their technologies.

Important Note:

Chemframe's platform provides an excellent starting point for project framing. However, direct engagement with licensors is essential once the project scope is defined. Licensors can offer precise technical proposals tailored to your specific needs and project context.

2. Product Price Indications

Chemframe offers indicative product prices based on the following methodology:

  • Historical Averages: Prices are calculated using average data from the past five years, focusing on trends in Asia, a major hub for petrochemical trade. This serves as a benchmark for initial economic analyses.
  • Customization Options:
    • Users can adjust product prices to reflect real-time market rates or regional differences.
    • Regional adjustments are particularly valuable for projects outside Asia, where market dynamics may vary.

User Guidance:

To improve the precision of your economic assessments, we recommend customizing these prices to match your project's geographical and market context.

3. Total Investment Cost Estimates

Chemframe provides indicative estimates for total project investments using the following framework:

  • Historical Data: Estimates are derived from average costs of comparable projects executed in Asia. These estimates include:
    • Licensing fees.
    • Engineering, Procurement, and Construction (EPC) costs.
  • Exclusions:
    • Costs for land acquisition.
    • Utility infrastructure development.
  • Customization for Regional Context: Users are encouraged to adjust the provided estimates with their own data or consult directly with licensors and EPC contractors for a more accurate assessment.

Recommendation:

For detailed and precise investment planning, contact licensors and EPC contractors during the Front-End Loading (FEL) phase.