ETHANOL AND ETHANOL CO-PRODUCTS PLANT
Project Management – Savings: $9.37M.
EQUIPMENT IMPACTED:
- Rotary Dryers
- Thermal Oxidizer
- Conveyance Systems
- Cyclones
- Gas Trains
- Electrical Distribution
SITUATION:
A major explosion occured at an ethanol plant severely damaging specialty ethanol co-products processing equipment. As a result, the client faced loss of revenue for its co-products.
RESULTS:
- Reduced Costs: $16.13M restoration cost vs. $25.5M RCV initial loss estimate.
- Smart Asset Decisions: Strategic repair/restorationd ecisions expedited restoration timeline.
- Client Confidence: Reinforced ILC’s role as a trusted partner in high-stakes ethanol plant losses.
VALUE-DRIVEN SOLUTIONS:
Took Immediate Control of the Restoration Process: Initiated daily metings with restoration firms , the insured, and client to remove obstacles, streamline equipment assessments, and accelerate repair vs. replacement decisions.
Ongoing Cost and Contract Oversight: Conducted detailed reviews of contracts, costing proposals, and invoices – Identifying multiple errors and non-loss-related charges to ensure accurate and justified expenditures.