SKF ultra low-speed monitoring saves mill 159 000 euro
The SKF solutionConcerned about safety, high insurance premiums and long-term reliability, the steel producer signed a monitoring services agreement with SKF. Over the next year and a half, SKF monitored the converter to help provide reliable operation and avoid the labour, downtime and material costs associated with a premature repair.
The resultsThe SKF ultra-low speed monitoring services agreement resulted in an estimated net savings of over €159 000 for the mill.
Return on Investment (ROI)
- Labour savings: €9 000
- Savings in replacement bearings and components: €183 000
- Investment in SKF services over 18 months: €33 000
- Net savings: €159 000
- ROI: 483%