Management of risks of corrosion hazard as sustainable development index of industrial facilities

Abstract

The paper deals with the problem of innovation management for increasing the corrosion protection of the fixed assets. To disclose economic essence of the measures of corrosion protection, classification criteria are proposed for cycles of development of fixed assets under the terms of corrosion hazard or corrosion protection, with account for the rate of return of system of corrosion protection of structural steel (SCPSS) The need is underscore for making the balanced decisions on providing the process refurbishment and extending the service life of industrial facilities. Sustainable industrial development requires renewal of fixed assets of enterprises. Analysis of statistical data shows that investments in the development of fixed assets are made primarily at the expense of enterprises. A process–oriented approach is proposed for forming the innovations in the field of corrosion protection based on the investment risks assessment. It is shown, that to form a system of corrosion-and-economic accounting, the index of the level of the risk of corrosion protection should be used. Increase of the level of corrosion protection of structures allows reducing the annual cost of restoration of SCPSS and allocating more resources for extended reproduction. Operational practice demonstrates that two most significant factors affecting the economic life of structures are the amount of annual depreciation and average annual repair costs. This makes it possible to apply the most rational method of extending service life on the basis of recovering fixed capital. The indicator assessment of integral criteria (indices) of corrosion-economic accounting is used allowing considering the requirements of the Lean Six Sigma concept.

Authors and Affiliations

M. Belopolsky, P. Korolov

Keywords

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  • EP ID EP270783
  • DOI -
  • Views 68
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How To Cite

M. Belopolsky, P. Korolov (2017). Management of risks of corrosion hazard as sustainable development index of industrial facilities. Науковий журнал "Економічний вісник Донбасу", 2(48), 168-176. https://europub.co.uk/articles/-A-270783