Product category:
Asset Management and maintenance planning
News Release from: ABB UK Service | Subject: Braskem Brazil
Edited by the Processingtalk Editorial
Team on 05 January 2007
Performance-improvement contract in
Brazil
An ABB US$30M contract from Braskem, Latin America's largest petrochemical producer, will implement maintenance and performance improvements at six petrochemical plants in Brazil
ABB, the leading power and automation technology group, has received a US$30-million order from Braskem, Latin America's largest petrochemical producer, to implement maintenance and performance improvements at six petrochemical plants in Brazil ABB will take over maintenance of the instrumentation, plus the rotating and electrical equipment at the Braskem basic petrochemicals and vinyl units in Camacari, in the state of Bahia
This article was originally published on Processingtalk on 2 Nov 2006 at 8.00am (UK)
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The two-year, renewable contract includes both fixed payments and a variable bonus linked to the reliability of production processes and cost reductions.
Key performance indicators will track variables such as reduction in materials consumption and production gains.
"There is strong demand for ABB expertise in order to increase the performance and useful life of plant assets," said Veli-Matti Reinikkala, head of the ABB Process Automation division: "The proven ABB best practices contribute to both cost and energy savings and a greater return on investment".
A team of performance specialists from ABB businesses in Brazil, the United States and the United Kingdom will carry out key analysis, engineering and planning activities in consultation with Braskem.
In addition, a staff of some 300 ABB service professionals will work full time at the Braskem sites.
ABB employs more than 20,000 people - about one fifth of the company's workforce - in its service businesses worldwide, which accounted for 16 percent of the ABB revenues in the third quarter of 2006.
Braskem makes basic petrochemicals and thermoplastic resins at 14 facilities across Brazil.
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