Category Archives: Press Release
PRESS RELEASE: Oil & Gas Goods Receipt: The Hidden Killer of Preservation Planning?
Picture this. An oil and gas facility has gone great lengths to make sure its warehoused goods and spares are preserved and protected against corrosion and therefore ready to install at a moment’s notice. However, when workers go to install a new piece of equipment that is sealed in foil and was never opened, they
PRESS RELEASE: Choosing the Right Cortec® Coatings for Tank Maintenance and Corrosion Protection
Tanks and tank farms are everywhere in the industrial world. Many tanks are used to store liquids. Others are used for mixing, dipping, or cleaning. Coatings are typically needed to protect the metal surfaces from rusting and provide a good appearance. Some environments demand more protection than others. It is therefore imperative to select the
PRESS RELEASE: Time to Shutter the Plant? Cut Losses with Cost-Effective Preservation
High operating costs, rising inflation, aging plants that need capital investment, or simply corporate restructuring: these are all reasons business leaders choose to shut down aging mills or plants that have become regional icons. Whatever the rationale and public response, plant owners are still left with the question of how to minimize losses by preserving
PRESS RELEASE: How to Reduce Excess Inventory by Proper Spares PreservationPRESS RELEASE:
May 25, 2023 It is not uncommon for a new oil and gas construction project to cost anywhere from $10 million for a basic rig to upwards of $500 million for FPSO projects. Megaprojects with a $25 billion price tag may spend hundreds of millions of dollars on spares alone. At such high stakes, even