Most refineries registered a profit during 2014 but margins are tiny and are subject to the slightest fluctuation in commodity prices. However, productivity could help those in the sector improve performance and enjoy a greater certainty when it comes to operating costs.
Across the world, as with a great number of industries, the pressure to drive down costs is paramount. By adopting the correct approach, businesses could increase productive time by as much as 30% and result in $2m-$3m annually.
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