📌Above value was found in IMPACT study from NACE international, this financial implications associated with corrosion failures in India.

📌Some of activities are listed below for this major financial implications.


1, Health and Safety costs

2, Direct repair and replacement costs

3, Operational downtime costs

4, Environmental remediation costs

5, Litigation and legal costs

6, Claims settlement costs

7, Lost revenue and reputation impact

📌Around 40% of above said lost could be saved by corrosion management, prevention and control strategies which can be imparted through corrosion awareness & training programs.

📌Follow me in preparing for battle against corrosion through providing proper awareness to process owners.