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Maximising the Return on Investment (ROI) of your Chemical Storage Tank

At Chem Resist, we pride ourselves on the integrity of our plastic chemical storage tanks. Each of the thermoplastic chemical storage tanks we design and build come with a 20-year design life as standard – with regular, routine maintenance, they can operate way beyond this.

Maximising the operational life of any asset increases the return on its investment, so taking steps to keep any asset operational for as long as possible, particularly when the asset involves capital investment, is both sensible asset and financial management.

Working with a reputable supplier

Some of the most important steps in maximising the ROI of an asset need to be made well in advance of making the actual purchase. Selecting and working with a long established and reputable supplier means they will have experience of manufacturing a product similar, if not exactly the same as the one you require. Plus, they’re likely to be around in the future to help provide support for the asset through its lifetime.

Choosing the right materials

Unlike manufacturers who use glass-reinforced-plastic, our thermoplastic polypropylene and high-density polyethylene storage tanks are not limited by a number of fill and empty cycles restricting their operation.

We use these materials to create storage tanks using the spiral wound manufacturing process, which means there are none of the typical weak spots which could cause future containment issues.

Manage your asset

Once installed, commissioned and operational, your chemical storage tank should be added to your asset register and have a regular maintenance plan associated with it. This regular maintenance should mean that repeated visual and physical checks will identify any potential issues in the early stages, minimising any long-term damage and shortened operational lifetime.

Not just the tank

When looking to maximise the lifetime of your chemical storage tank, look beyond the tank itself. The area underneath and around the tank should also be well-maintained as damaged surfaces and trip hazards can lead to accidents.  Research has shown that loss of containment incidents most often occur when loading or unloading materials in/out of storage tanks. Introducing ChemiGuard, provides extra protection for the offload process by safely containing offload hoses and pipework, reducing the risk of incidents and potential damage that could shorten the tank’s lifetime.

Regular inspections

Chem Resist were involved in the creation of EEMUA Publication 225Engineering Equipment and Materials Users Association, their publication number 225, ‘Above ground plastic tanks: a guide to their specification, installation, commissioning, inspection, maintenance, repair and disposal’ gives guidance for each stage in the lifetime of a plastic storage tank.

As well as regular maintenance, Tank Inspections should be routinely carried out to ensure the integrity of the tank and maximise its ROI. At Chem Resist we believe that any and all inspections should be done by a third party to allow the reports and findings to remain impartial. The frequency of these inspections should take into account the chemical being stored – the more risk posed by the chemical, the more frequently inspections are required.

Explore further details on Chem Resist’s materials of choice, manufacturing method, tank inspections services, please do get in touch with any questions.

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