May 2016

Columns

Editorial Comment: Maintenance spending to jump in 2016 as refiners catch up with turnarounds

The number of scheduled refinery turnarounds in North America is anticipated to rise this year after declining sharply in 2015, as refiners delayed maintenance shutdowns to capitalize on abundant quantities of low-priced feedstock.

Blume, Adrienne, Hydrocarbon Processing Staff

Maintenance expenditures are a proactive expense to maintain equipment and processing units. They play a pivotal role in maintaining plant efficiency and sound unit operation, maximizing facility profits and preventing accidents and breakdowns. It is estimated that over 40% of a budget that is allotted for facility and unit maintenance is spent on equipment and materials. Equipment and infrastructure spending represent large portions of a facility’s capital budget (Fig. 1). These include the costs for planned and unplanned plant turnarounds, retrofits and upgrades.     Fig. 1. Equipment and   infrastructure spending   represent a large portion   of a facility’s capital   budget.

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