Coatings cost benefit analysis

Cost-benefit analysis associated with four organic coatings used in the mining industry with surface preparation such as surface blasting or no surface preparation led to the finding of the data included in Table 4.44. 

The aim of the present study was to investigate the effectiveness of passive protections of tankers in the reduction of the overall risk due to LPG road and rail transportation. In the first part of the study (Section 2) the effect of the thermal protection on the time to BLEVE was analyzed. In the second part of the study (Section 3), the results obtained were used to investigate the potential effect on risk due to the reduction of the probability of the fired BLEVE, following the adoption of the road tanker coating. A case-study derived from actual LPG road transportation scenario in Europe was analyzed, and a Transport Risk Analysis (TRA) was performed. Thus, TRA results allowed to widen the economic aspect of this issue (Section 3). Costs were identified and assessed considering also the amortization and taxes, while benefits were assessed taking into account the risk reduction as a number for life loss reduction. Finally, the comparison between costs and benefits provided an evaluation of the economic impact connected with the adoption of passive fire protections of tankers. 

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