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Safety Profits

Diversity is seen not as simply a compliance issue but rather as a key business imperative. As a result, our managers are held accountable for leading in this area the same way they lead on safety, profitability, ethics, and corporate environmental stewardship. [Pg.433]

At the development planning stage, a reservoir mode/will have been constructed and used to determine the optimum method of recovering the hydrocarbons from the reservoir. The criteria for the optimum solution will most likely have been based on profitability and safety. The model Is Initially based upon a limited data set (perhaps a seismic survey, and say five exploration and appraisal wells) and will therefore be an approximation of the true description of the field. As development drilling and production commence, further data is collected and used to update both the geological model (the description of the structure, environment of deposition, diagenesis and fluid distribution) and the reservoir model (the description of the reservoir under dynamic conditions). [Pg.332]

In recent years, the three-level system of NDT experts certification, which corresponds to the EN 473, is being introduced m Ukraine The unified Rules of NDT Experts Certification will be introduced in the near future. This work is headed by the State Committee of Ukraine on Labour Safety), and with the aim of the most expedient transition to EN 473, the National Certification Committee of Ukraine on NDT was established by the initiative of US NDT TD. The Committee has the tasks of preparing the programs, procedures, questionnaires for carrying out the certification. It is a non-profit organisation which is in charge of the methodological issues of certification m the US NDT TD. [Pg.968]

Some studies have shown that a HAZOP study will result in recommendations that are 40 percent safety-related and 60 percent operability-related. HAZOP is far more than a safety tool a good HAZOP study also results in improved operability of the process or plant, which can mean greater profitability. [Pg.2272]

Plant Operation The purpose is to maintain and improve performance (i.e., product quality, rate, efficiency, safety, and profits). Examples include identification of plant conditions that limit performance (troubleshooting, debottlenecking) and exploration of new operating regions. [Pg.2549]

Understanding and Encouraging Operational Discipline A workshop to enhance process safety, environmental responsibility, quality and profitability. AntiEntropics Inc., 1999. [Pg.212]

An international non-profit educational association representing transporters and container manufacturers of hazardous materials, substances, and wastes concerned with the safe handling of these substances. Provides regulator assistance and advice for establishing hazardous materials compliance and safety programs. [Pg.278]

Reduced waste and increased efficiency reduces manufacturing costs and increases profitability. Reduced environmental, health, and safety liabilities m ike us a more attractive investment. [Pg.42]

After many years of improvements in technical safety methods and process design, many orgaruzations have found that accident rates, process plant losses and profitability have reached a plateau beyond which further improvements seem impossible to achieve. Another finding is that even in orgarriza-tions with good general safety records, occasional large scale disasters occur which shake public confidence in the chemical process industry. The common... [Pg.4]

Another aspect of the response to plant transients is the effective use of the emergency procedures. The process worker needs training in order to be able to apply these procedures correctly under time pressure. Conditions of entry or transfer to other procedures, profitability-safety requirements, and the response of the automatic protection systems need to be learned extensively in training exercises. [Pg.130]

A survey of 500 plants that have implemented predictive maintenance methods indicates substantial improvements in reliability, availability and operating costs. The successful programs included in the survey include a cross-section of industries and provide an overview of the types of improvements that can be expected. Based on the survey results, major improvements can be achieved in maintenance costs, unscheduled machine failures, repair downtime, spare parts inventory, and both direct and in-direct overtime premiums. In addition, the survey indicated a dramatic improvement in machine life, production, operator safety, product quality and overall profitability. [Pg.796]

The angle of incidence, if wide, will indicate a high rate of profitability. If this is coupled with a high margin of safety an extremely advantageous investment is demonstrated. [Pg.1039]

Conceptual design—the generation of ideas for new processes (process synthesis) and their translation into an initial design. This stage includes preliminaiy cost estimates to assess the potential profitability of the process, as well as analyses of process safety and environmental considerations. [Pg.156]

Process development with particular attention to process profitability and safety and minimization of the environmental impact is presented in Chapter 5. A brief description of the present practice in scale-up, development, and production planning is given and the most promising trends and achievements are presented. Recommendations are given how to achieve success in the scale-up of a process a successful scale-up can be defined as the procedure that allows the same yields and product distribution in a full-scale plant as on a small scale. [Pg.10]

The aim of process design is to create a process, which is profitable, economic, safe, environmentally benign and user friendly. This is achieved by the optimization of process alternatives according to economic and functional criteria. It is required that the safety of a process plant fulfills a certain required level. This is because of general legal requirements, company image, and also due to economic reasons, since an unsafe plant cannot be profitable due to losses of production and capital. [Pg.13]


See other pages where Safety Profits is mentioned: [Pg.75]    [Pg.75]    [Pg.29]    [Pg.441]    [Pg.319]    [Pg.158]    [Pg.262]    [Pg.1119]    [Pg.3]    [Pg.163]    [Pg.264]    [Pg.5]    [Pg.147]    [Pg.257]    [Pg.365]    [Pg.67]    [Pg.122]    [Pg.125]    [Pg.148]    [Pg.433]    [Pg.337]    [Pg.193]    [Pg.156]    [Pg.391]    [Pg.245]    [Pg.89]    [Pg.198]    [Pg.325]    [Pg.13]    [Pg.27]    [Pg.38]    [Pg.7]    [Pg.517]   


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PROFIT

Profitability

Profiting

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