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Improve Your Contingency Estimates for More Realistic Project Budgets

The average large project in the chemical process industries (CPI) overruns its sanctioned budget, including contingency, by 21%. Even more alarming, 10% of large projects overrun their budget by more than 70%. These are findings based on research by the…

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Heat Transfer Fluids: Maintaining the System

Organic-based thermal fluids provide relatively trouble-free service for significant periods of time. However, there comes a time when any fluid (either aromatic- or aliphatic-based) needs to be replaced. Since aromatic-based fluids generally cost more and are complicated to dispose of,…