SABIC first determined that it needed to adopt an APM-focused corporate mindset. To install an APM culture across the organization, SABIC trained more than 20,000 of its employees in the concepts of GE Vernova’s
Asset Performance Management.
Next, SABIC followed a multi-step approach to implementing APM, starting with production loss accounting (PLA). This was facilitated by standardizing the practices of monitoring production deviation triggers, classifying incidents, identifying performance killers, benchmarking, measuring compliance and data quality, analyzing data and trending procedures, and developing recommendations and closure for the PLA process.
SABIC also ranked assets by criticality to effectively allocate resources company-wide. By 2013, SABIC completed 100 system and equipment criticality assessments for all assets (including piping), as well as reliability instrumented systems studies for safety and instrument critical functions.
Risk based inspection (RBI) studies were conducted for all static equipment and reliability centered maintenance (RCM) studies were performed for all critical A-rated systems, and 28% of B-rated systems. Finally, root cause analysis (RCA) was conducted on all incidents related to: