Mexichem Resinas Colombia

Higher production through integrated maintenance approach

Increased production and higher availability of the plant was the specific request to Stork Asset Management Solutions from the largest petrochemical company in Colombia. Stork subsidiary MASA has achieved significant results by applying an integrated maintenance strategy.

Integrated approach

Mexichem (formerly Petco) operates in ten countries in South and Central America, including Chile, Argentina, Venezuela and Colombia. In Colombia Mexichem produces basic materials for the plastics industry, including special PVC resins. For three plants in Cartagena (Colombia), MASA developed an integrated maintenance strategy that delivered immediate results in the first year. The availability of the plants increased by 5.8% in the first year, leading to a 13.4% increase in production. A new partnership agreement was signed in 2007 for a period of four years, based on the Managed Services principle. A key factor in this concept is that Stork Asset Management Solutions, in this case MASA, makes agreements under which the remuneration depends on the final result.

A Managed Services agreement is by definition tailor-made. Stork Asset Management Solutions follows a contracting philosophy that is based on the customer’s objectives. For Mexichem these were increasing production and availability of the plant. MASA developed a long-term maintenance vision aimed at structurally improving the maintenance process. By applying the Stork Fundamentals, a combination of best practices and professional skills, MASA succeeded in translating the maintenance vision into a specific implementation for Mexichem. A continuous improvement cycle has now been deployed, with constant checks against the targets leading to proposals for further fine-tuning.

MASA also implements improvement processes under performance-based contracts for other large customers in Central and South America. For Ecopetrol, the largest Colombian oil company, MASA was able to reduce the downtime of a power plant by 23%. While for the oil company Hocol, also in Colombia, MASA reduced the number of urgent repairs by 65%. Maintenance costs are now substantially lower, and lost production was reduced by 39% in the first two years.

References
	Maintenance Management at Bavaria Bavaria wanted to achieve the highest possible availability of its process equipment at the lowest possible costs. And that�s exactly what Stork Maintenance Management specialises in. Read further...