With the increasing degree of automation found in plant construction and operation, functional reliability is playing an enhanced role with respect to the total cost of a plant. Therefore it is crucial that the right components contribute to a plant’s operation (for example, comparatively low-cost pumps that are small, but effective) as unscheduled plant shutdowns that result in production downtime quickly accumulate into high costs that disturb the value-creating process and have a negative effect on the overall bottom line.
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