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
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
For many years, VpCI®-337 waterborne fogging fluid has been an integral part of preservation plans around the world. It represents an easy and economical alternative to nitrogen purge for void space rust prevention. While it continues to be a viable option for those who have added it to their list of approved products, Cortec® is also
April 10, 2023 Power plants depend on hundreds of valves and many different pumps to carry out operations 24/7. Any time these fail or go offline for repair can be a big problem. Interestingly, the root cause is sometimes as simple as a nut that has rusted in place on a packing gland. Cortec® therefore encourages
