Naphtha Hydrotreater Revamp

Major refining and chemicals company
IAG team determined that 80% of the business value could be captured with 25% of the capital expenditure
Sector
Downstream
Type
Revamp
Size
Up to $50m
Location
Minnesota
Schedule Deviation
TBD
Cost Deviation
-10.5%
Owner Need
Validation that nominated project(s) meet business objectives
Accurate data for investment decision making
IAG Approach
Challenge process focused on non-CapEx solutions and options
Owner vs. Contractor decision mindset
Intellectual honesty in data presentation
Owner Benefits
Industry leading ROI
Capital efficiency, cost avoidance / reduction
Competitive advantage
Proof
IAG team challenged internally capital scope and determined that 80% of the business value could be captured with 25% of the capital expenditure. Owner selected reduced scope with superior return on deployed capital.