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Risk Management

petrochem plant

Keeping your plants running under challenging conditions

How do you keep your plant safe, productive and cost-effective when you face turnarounds and aging equipment challenges on a daily basis? This is the problem we solve for customers around the world, every day.

We’re known for our ability to tackle utility failures and emergencies faster than any other company. We quickly step in to provide power generation, heating, cooling and dehumidification equipment when you don’t have a second to lose.

But what we do goes beyond merely supplying rental equipment. Our technical experts and engineers can assess your existing equipment and systems for risks, then recommend, design and implement the best remedy for your plant.

So when it comes to petrochemical and refining operations, we’re more than a supplier – we’re your long-term partner.

Keep your plant online

From scheduled maintenance to unexpected outages, we can plan and implement projects in a matter of days or weeks – which means reduced downtime and costs. We know that the last thing you want is the nightmare of a power failure, so we’ll help you get back to processing quickly. What’s more, we can custom-fit our equipment to the unique demands of your plant.

Boost revenues and profits

Bottlenecks and seasonal issues can be a substantial drain on a site’s bottom line. We can partner with you to assess your processes, make improvements and help you figure out more efficient ways of working. With the help of our expert engineers, you can resolve bottlenecks, improve production, overcome capital challenges and meet product specifications. Our approach brings measurable results for our customers, with most projects seeing a significant return on their investment.

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How it Works

We work with a number of different refineries to put risk management strategies in place to avoid the potentially drastic repercussions of on-site critical failures. Our process covers four key areas:

  1. Recovery - we create quick action plans that can be put in place after an emergency to restore and resume normal operations without delay.
  2. Mitigation - we design strategies that reduce the effects of certain risks associated with hazards and critical failures.
  3. Response - we build systems that can be put in place during an emergency to save lives, property, and the surrounding environment.
  4. Preparedness - we carry out any actions needed to be put in place before an emergency to facilitate response and promote readiness.

Our focus lies in safety, easing your schedule, and improving your refinery’s profitability.

When we install temporary power generation and systems during an emergency, we consult with our dedicated, expert team to determine the scope of the work for each and every case. From there, we develop the associated technical documents and carry out any technical reviews where needed.

We Act Fast

Response time is incredibly important when dealing with emergency situations. We have access to the largest rental fleet in the world which is strategically positioned to be dispatched at any moment.

And, because we use standardized, modular equipment, all our solutions are easy and quick to install on-site. This avoids potential downtime and eliminates the loss of any profits.

How We Saved One Plant $70 Million in Losses

Critical failures can take a plant from profitable to panicking in a single moment - something one synthetic crude plant wanted to avoid at all costs.

They had a scheduled overhaul of their coker unit planned but, a week before work started, the furnace’s main air blower went down throwing their well thought-out plans into disarray. The air blower wouldn’t be fixed in time for the coker restart date, which would have led to a significant loss in profit for the company if they hadn’t have turned to us for help.

We provided the plant with temporary air compressors, 2000 tonnes of cooling tower capacity, and a further 56 pieces of electrical distribution equipment. On top of this, we sent in a designated senior engineer and project manager to oversee the activities on-site 24 hours a day while the upgrade was taking place. We worked closely with plant personnel to smoothly coordinate the mobilization, installation, and commissioning of every step. As a result, the temporary solution kept operations running smoothly for 18 days without interruption. During this time, the main air blower was brought back on line and the schedule was quickly set back on track.

By mitigating the risks of the air blower cutting out and providing a quick solution, we saved the plant around C$70 million.

The Value of Aggreko’s Risk Management Solutions

Our risk management solutions are built on years of experience and designed on an individual basis to suit the specific needs of each and every plant. We pride ourselves on the fact that customers keep coming back to us to avoid unnecessary downtime and a loss in profits when disaster strikes.

The solutions we offer:

  • Reduce costly downtime by implementing temporary solutions that keep operations running smoothly
  • Increase uptime and keep schedules on track
  • Maintain business continuity
  • Provide peace of mind that if disaster does strike, you have a system in place that will eliminate any unnecessary damage

 

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