CHEMICAL PROCESSING FACILITY
Estimated Savings: $15.3 M – $21.7M
FIRE, SOOT, WATER, & PRODUCT CONTAMINATION
Subrogation / Technical Clerking / Inventory Analysis.
EQUIPMENT IMPACTED:
Chemical Processing Machinery, Packaging Equipment, Shafts, Bearings, Controls, and High-temperature Components.
SITUATION:
A major fire disrupted a critical chemical processing facility – destroying two buildings and damaging proprietary equipment. The client faced severe business interruption risk as one of only three global suppliers of materials essential to municipal water systems and other critical industries, including healthcare.
RESULTS:
- Saved Time: Rapid recovery prevented extended shutdown.
- Reduced Costs: $9.3M restoration cost vs. $24.6M – $31M RCV loss estimate.
- Smart Asset Decisions: Strategic repair/ restoration preserved essential machinery.
VALUE-DRIVEN SOLUTIONS:
Accelerated Production: Negotiated priority manufacturing with the OEM, cutting nickel pump casting lead time from 6-9 months to 2-3 weeks.
Fast-Tracked Repairs: Initiated large motor evaluations and rebuilds within days.
Innovation Over Obsolescence: Sourced alternatives for discontinued components.
Business Continuity: Enabled temporary operations and expedited critical-path repairs to limit interruption.