December 2005

Maintenance

Improve asset performance management

This methanol plant implemented a system that supported its strategic objectives of managing risk and improving profitability

McNeeney, A., Meridium, Inc.

Saudi Methanol Company (Ar-Razi) is the world's largest single-site methanol producer with an annual production capacity of over three million metric tons. It recently completed Phase One of an asset performance management (APM) initiative that supports its strategic objectives of managing risk and improving overall profitability. The initiative was established by management to help reduce maintenance costs and maximize the uptime and availability of its planned and existing production facilities. The initiative established a new approach for Ar-Razi by adopting innovative technologies, strategies and business processes. The new approach also created a platform that enabled management to e

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