Petrochemical refiner decreases maintenance spending by 10%
This program resulted in increased revenue, reduced costs, elimination of paper rounds and redundant reporting, quicker access to data for faster business decisions, and a work force mutually focused on reliability based activities, without failures. Within the first year after implementation, mean time between failures of process pumps improved 15%, while the cost to maintain these pumps decreased 12%. Within the same time period, total maintenance spending decreased 10% and accumulative specific operator finds exceeded $350,000 in cost avoidance. Based on these results, this refiner is expanding their ODR programme to their other refineries and chemical facilities.