November 2007

Maintenance and Reliability

Plan to improve plant reliability

Here's how to attain world-class operation that will result in large economic benefits

Ayral, T., INOVx Solutions; DeFalco, C., Meridium, Inc.

T?he pressure is higher than ever on refineries and chemical plants (and industry in general) to keep producing at maximum rates. Prices and margins for many products are at record highs and the opportunity cost of an unplanned shutdown can be very high. A recent article conservatively estimated the annual savings from an asset performance management system at approximately $4 million for a typical 100,000-bpd refinery.1 As described in the article, the main economic benefits of an asset performance program fall into the following categories: Avoiding abnormal incidents (accidents, explosions, releases) Reducing lost profit opportunities (unplanned and scheduled maintena

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