Editorial Comment: Optimizing operations and recognizing achievements
Over the next two months, Hydrocarbon Processing will host two separate events for a global audience. One will gather the brightest minds in the industry to share the latest innovations and technologies in the industry, while the other will recognize the leaders in advancing the industry toward safer and more reliable, sustainable and profitable operations. Both events—Hydrocarbon Processing’s IRPC and the HP Awards—will be streamed on digital platforms and free to view.
Reliability: Phased reopening of reliability improvement businesses
Like many thousands of educational and operator training-related endeavors, reliability improvement training was abruptly suspended when the COVID-19 pandemic interrupted daily life as it was known prior to 2020.
Project Management: Reduce installation schedule for column trays
The implementation of a project schedule must avoid slippage, which can lead to budget overruns and delays in commissioning and production. Conversely, a reduction in project schedule results in an early startup of the plant, creating advantage for stakeholders. Customers often demand reductions in schedule timelines, which can be difficult for engineering, procurement and construction (EPC) contractors to implement. New innovations like concurrent engineering, modular construction, prefabricated pipe racks and structures, etc., are already in practice.
Supply Chain: How to reduce piping inventory
Piping represents a significant part of the plant cost, ranging from 15%–25%.1 Materials stored in warehouses or storage facilities cost companies in terms of personnel, materials, time, space, insurance, risk, etc. This article proposes cost-saving strategies for inventory reduction. Further, it emphasizes consistent naming conventions to avoid creating duplicate/redundant items.
Digital: Five best practices for adopting new digital technologies in the HPI
There is much discussion and information about digital transformation, but many HPI companies are taking a different approach to integrating new digital technologies and to differentiate themselves from their peers, and are seeing truly transformative business results. HPI digital technology leaders reveal the following five best practices.