Refiners worldwide are under increased pricing pressure, and continually seek solutions to enhance performance and bottom-line profitability. Reducing material losses is a key area that should be targeted early on in any optimization initiative because of its tremendous potential to improve profitability. As you well know, found material assets accrue directly to your bottom line – and the results can be dramatic. Our research indicates that a typical refinery can see benefits of $4.1 million per year with a more accurate accounting of material.
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