HP Project Management: An update on Lang factors
Lang factors are cited frequently and used within the HPI. With the ensuing changes, the question must be asked, “Do Lang factors still present a realistic approximation of capital cost today?”
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The Author
Wolf, T. E. - Project Management Consultant, Sugar Land, Texas
has over 40 years of petroleum and petrochemical experience, including 25 years in project management. He holds a BS degree in mechanical engineering.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
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Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
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