March 2013

Bonus Report: Safety Developments

Process safety management: Going beyond functional safety

Operating companies are increasing efforts to reduce the risk of catastrophic events such as the release of toxic, reactive or explosive chemicals that can damage the environment or plant assets.

Turk, M. A., Mishra, A., Invensys Operations Management

Modern hydrocarbon processing facilities have become increasingly more complex. Likewise, the risks in managing greater capacity refineries and petrochemical complexes have increased. Ensuring the safety of employees, the environment and physical plant assets in the event of an unexpected process excursion cannot be overstated. The development of new techniques and technologies designed to improve operational safety has evolved to meet these challenges. Operating companies are increasing efforts to reduce the risk of catastrophic events such as the release of toxic, reactive or explosive chemicals that can damage the environment or plant assets, as well as, cause injury or death to employe

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