Billions of Dollars to be saved with Reliability Excellence

"The data, compiled by the Department of Energy (DOE), indicates that the average industrial plant could reduce its total energy cost by 14.8% by implementing effective Life Cycle Asset Management processes. The actual savings varies by industrial classification, but in all cases the potential is substantial and could have a marked impact on the operating profit of the company.Improvements geared towards improving equipment reliability have distinctive linkages to environmental performance, such as reducing the amount of product and raw material waste through routine monitoring of system parameters through predictive technologies, and preventing interruptions to production cycles with a focus on Overall Equipment Effectiveness (OEE).Alcoa successfully reduced solvent disposal costs by more than 40% and GE reduced greenhouse gas emissions by more than 250,000 metric tons. This presentation will show you how companies have successfully reduced energy and disposal costs through a focused effort on manufacturing process reliability.IntroductionSmelter in the ParkThe quaint town of Portland, Victoria protrudes outward towards Antarctica from Australia’s southeastern coastline. Portland is a quiet rural community surrounded by agriculture that draws tourists by the thousands to the southernmost edge of Victoria by way of breathtaking cliff top views of the majestic Southern Ocean, the intrigue of shipwreck coves along the Great Ocean Road, and what most will call the eighth wonder of the modern world, the “Smelter in the Park”. Integrated within Portland’s beautiful landscape is a 356,000 ton/year aluminum smelter that stands as a symbol of collaboration between nature and industry. Nestled atop a ridge which faces “Sail Rock”, a popular destination of local and visiting fisherman, the smelter is engulfed in a mix of brush and wetland preserves that are home to many of Australia’s feathered and fourlegged natives. Also within its interior you’ll find parks and natural landscapes abundant where man and machines coexist with the native inhabitants."