The Cost of Corrosion: $276 Billion… in 2002. The study, generated by Gerry Koche of DNV-GL, studied 57 industries in the United States and determined the percentage of corrosion costs that each incurred per year. In 2015, that cost is somewhere in the neighborhood of $540 Billion. A revised report is currently in the works […]
The Cost of Corrosion: About $540 Billion Annually Read More »
For years industry professionals concerned with the cost and effect of corrosion have warned of a coming tsunami. As infrastructure ages they have sounded a clarion call, through NACE and IEEE, that something must be done: Something new. The Call: NACE: The Cost of Corrosion Study – 2002 Failure to Act: The Economic Impact of
Sounding the Alarm! Read More »
Asset Management The life of an asset begins on the drawing board, followed by its construction, installation, breaking-in period, maintenance cycle, the occasional repair, ending with retirement and disposal. Effective asset management, along with corrosion management, begins at the design stage. The optimal design team should include one or more corrosion specialists or engineers. The
Asset Management in a Corrosive World Read More »