PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Resource Guide Extreme Temperatures

Paint and Coatings Industry News

Main News Page


NACE Tallying Corrosion’s Global Cost

Tuesday, November 19, 2013

More items for Program/Project Management

Comment | More

NACE International has launched a two-year global study to determine the financial and societal toll of corrosion on infrastructure, utilities, transportation, the military and other sectors.

The study will be led by Elaine Bowman, former NACE president and a longtime corrosion industry advocate.

Using international, regional and academic research, the study will focus on economic data to provide statistics and models that asset owners can use for preservation, management or replacement, according to NACE.

Cost of Corrosion

"Corrosion is an inevitable but controllable process, which can result in destructive—even catastrophic—incidents when not properly prevented and managed," Bowman said in a press release.

NACE corrosion study
Photos: NACE

NACE's global study on the cost of corrosion will include international, regional and academic research, and will provide both direct and indirect costs.

"Costs associated with corrosion control include direct expenses like repair and replacement of assets, but there are additional costs—indirect costs like production lost due to closure for repairs, or the environmental and physical impact of corrosion-related failures."

The NACE study will explore both direct and indirect costs, identifying ways to save as much as 30 percent, Bowman said.

Elaine-Bowman

Former NACE president Elaine Bowman will direct the two-year initiative.

Bob Chalker, NACE's Executive Director, said, "This is an essential study for industry stakeholders and governments worldwide. It will be the most comprehensive study to look at costs associated with the impact of corrosion, and the resulting data will contribute to future project plans, regulations, education, and more."

2001 Study

In 2001, a study funded by the U.S. Congress estimated the annual direct cost of corrosion in the U.S. at $276 billion. The study, supported by NACE and overseen by the Federal Highway Administration, led Congress to develop a Corrosion Policy and Oversight office within the Department of Defense.

According to NACE, this office has demonstrated up to a 40:1 return on investment for corrosion control programs implemented by the DOD. It also resulted in support for the world's first undergraduate degree in corrosion—a corrosion engineering program now underway at The University of Akron.

About NACE

NACE was founded in 1943 and is headquartered in Houston, TX. The associated serves 32,000 members in 130 countries.

   

Tagged categories: Corrosion; NACE; Research

Comment from Mohammed Behiyat, (11/19/2013, 5:28 AM)

Absolutely vital research in evaluating global cost of corrosion which include associated with direct and indirect costs.


Comment Join the Conversation:

Sign in to our community to add your comments.

Minerals Research & Recovery

HIGH PERFORMANCE ABRASIVES


“Made in the USA!”

Why recycle waste from other countries? Go FASTER, CLEANER, at 1/3 THE COST with MR&R “All-American” Sharpshot®HP!!

WATCH THE VIDEO


SAFE Systems, Inc.
SAFE Systems'
Blast Lights &
Deadman Switches

Halogen or LED blast lights available with our NEW urethane bumper. Switches available in many colors for color coding your hoses.


U.S. Zinc

The proven corrosion protection properties of our zinc dust prolong the life of marine coatings. U.S. Zinc – Helping the world work™


Denso North America Inc.
Denso Tank Base
Protection System

An easily applied prevention system, utilizing Denso tapes and coatings around the tank base, that helps prevent corrosion from external elements.
Call 1-281-821-3355 or Visit www.densona.com


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Truss bridge treated with Termarust's (HR CSA) in 1995. This highway & rail truss bridge is still stable and there still is no active corrosion.


Blastrac
HORIZONTAL AND VERTICAL SHOT BLASTING SYSTEMS

The 900VMB is the latest in Vertical Steel Shot Blasters, ideally suited for medium and large- sized vertical steel blast cleaning jobs and applications. It is remote controlled for operator safety, comfort, and productivity. See Video.
1-800-256-3440 www.blastrac.com


NLB Corporation
Rotating water jets increase coverage

NLB lance has rotating water jets (40,000 psi), widening the spray pattern to cover more area. Features air-driven swivel with dual triggers to enhance safety.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com