Issue 4: Ageing assets

Ageing of industrial facilities is a well-known phenomenon which has a broader implication that goes far beyond corrosion management. It is sometimes mistakenly believed that ageing is about how old the establishment or the equipment is. However, ageing of industrial plants has a wider meaning which indicates the degradation of the equipment in use, its overall condition and the change in its condition over time. Everything associated with a site and its processes can age, not only equipment but people,
procedures and technologies. These physical states, mechanisms and organisational elements can lead to major incidents.

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