NACE International has begun an expansive global study that will examine the cathodic protection and corrosion costs across a variety of industries. The effort will provide research on controlling corrosion-related costs, which will help improve corrosion and cathodic protection strategies.
NACE International, an international corrosion and corrosion engineering society based in Houston, Texas, has announced the launch of a two-year global cathodic protection and corrosion costs study that will examine the financial and societal effects of corrosion on a variety of industries and provide data about methods for controlling costs related to corrosion.
Industries covered by the corrosion costs study include manufacturing, infrastructure, transportation, utilities and government. The study will integrate research from partners in international and regional industry and academia and will be managed by Elaine Bowman, a longtime corrosion industry advocate and former president of NACE International.
“Corrosion is an inevitable, but controllable process which can result in destructive, even catastrophic incidents when not properly prevented and managed,” Bowman said in a press release. “Costs associated with corrosion control include direct expenses like repair and replacement of assets. But there are additional indirect costs like production lost due to closure for repairs or the environmental and physical impact of corrosion-related failures.”
The cathodic protection and corrosion costs study will help asset owners identity ways to save up to 30 percent on costs related to controlling corrosion, Bowman said.
“The NACE corrosion costs study will likely provide invaluable data for us and our customers going forward,” said Ted Huck, who works as the practice lead for plants and facilities with MATCOR, a cathodic protection company that specializes in providing customized corrosion engineering and cathodic protection systems.
“Essential information and comprehensive scientific modeling about corrosion will only improve our understanding of the impact of corrosion on the oil and gas and other industries we serve,” Huck said. “And that means even better corrosion and cathodic protection strategies and tactics for our customers.”
An earlier corrosion costs study in 2001 estimated that the annual direct costs of corrosion in the U.S. was $276 billion. The study, funded by the U.S. Congress with Federal Highway Administration oversight and NACE International support, resulted in the development of a Corrosion Policy and Oversight (CPO) office within the Department of Defense.
“Quantifying the costs of corrosion is an important effort in educating asset owners to the value of investing in asset life extension technologies such as cathodic protection to provide the lowest total cost of ownership,” said Huck. “Corrosion is a hidden, and often avoidable, cost to asset owners and something that can be mitigated with the appropriate use of current, available technologies.”
The CPO demonstrated a return as high as 40-to-1 on investments for corrosion control programs implemented by the Department of Defense. The 2001 study also resulted in congressional support for the world’s first undergraduate degree in corrosion engineering.
“NACE International Commences Global Study on Corrosion Costs and Preventative Strategies,” Press Release, Nov. 14, 2013.