Keywords: Process Safety Systems, Plant Assets, Catastrophic Incidents, Hazardous Materials.
Process safety systems are an essential part of the layers of protection designed to manage plant assets to minimize the likelihood of catastrophic incidents in facilities that produce electric power or handle, process or store hazardous materials. In addition to protecting the physical assets, these systems also protect the human assets as well as the environment.
Process safety is a dynamic concept involving the interaction and integration of technology, materials, equipment, and personnel. The unexpected release of toxic, reactive, or flammable liquids and gases in processes involving hazardous chemicals has occurred repeatedly in recent years. Unfortunately, too often this has resulted in loss of life and catastrophic environmental damage, as well as destruction of expensive assets and long-term production losses. Process users recognize that risks can be mitigated, but not eliminated.
The concept of process safety has evolved and profited in recent years from technology improvements and the harmonization of international standards. Process users have gone from an ad hoc, component-based approach, to a fully developed holistic view of a potentially hazardous situation based on established best practices and supported by internationally recognized standards. Through this procedure, leading process manufacturers have learned to weigh the costs of process safety against its benefits and risks. This helps users justify investments in safety technology, to develop and nurture an enterprise-wide safety culture, and most importantly, to view a process safety solution as a productivity tool in pursuit of operational excellence, rather than as an unavoidable expense.
This report is based on ARC Advisory Group's detailed web survey on the adoption of process safety systems in industries in India. ARC obtained fairly good representation from almost all the leading industries in India and we believe that much of the resulting analysis could also apply to owner-operators in other emerging economies.
Table of Contents
ARC Survey Methodology
Safety System Justification and Supplier Selection
Safety Standards, Certifications, and Compliance
Safety System Architecture and Functions
ARC Advisory Group clients can view the complete report at this Link.
If you would like to buy this report or obtain information about how to become a client, please Request ARC Info
ARC Advisory Group