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Time, Money and Tank Linings

What is the cost of Tank Linings? Are we able to answer this properly, do we take into account all the factors, and do we see the main cost driver? It is a well known fact that time is money, and if we take into account the cost of being out of service or a delay in beginning operations then the cost of time is far greater than individual costs of producing equipment and coating them. 

Product Number: 41215-882-SG
Author: Miles Buckhurst
Publication Date: 2015
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$20.00
$20.00

What is the cost of Tank Linings? Are we able to answer this properly, do we take into account all the factors, and do we see the main cost driver? It is a well known fact that time is money, and if we take into account the cost of being out of service or a delay in beginning operations then the cost of time is far greater than individual costs of producing equipment and coating them. This paper looks into the possibility to save time during the coating operation of tanks, but not at the cost of the performance of the coating. How to realistically apply the coatings in such a way that the reliability is increased during operational time and yet, allowing the application process to be speedy and bringing the tanks back into service quickly. Success of this operation is using coatings that are capable of being used in this way and understanding what makes the operation a success and what will eventually create a failure, so this can be avoided. Ease of application and simplification allow the applicator to be flexible during the process increasing the chance of a successful job and control the end result. All of this will result in a longer lifetime of the coating and even more time saved. Resulting in improved profitability of the operation.

What is the cost of Tank Linings? Are we able to answer this properly, do we take into account all the factors, and do we see the main cost driver? It is a well known fact that time is money, and if we take into account the cost of being out of service or a delay in beginning operations then the cost of time is far greater than individual costs of producing equipment and coating them. This paper looks into the possibility to save time during the coating operation of tanks, but not at the cost of the performance of the coating. How to realistically apply the coatings in such a way that the reliability is increased during operational time and yet, allowing the application process to be speedy and bringing the tanks back into service quickly. Success of this operation is using coatings that are capable of being used in this way and understanding what makes the operation a success and what will eventually create a failure, so this can be avoided. Ease of application and simplification allow the applicator to be flexible during the process increasing the chance of a successful job and control the end result. All of this will result in a longer lifetime of the coating and even more time saved. Resulting in improved profitability of the operation.

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