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Enhancing asset value

The decline in construction work caused by the economic downturn has had serious consequences for the forestry industry. With reduced demand for their products, compounded by increasing raw material costs and operating expenses, many companies are being forced to cut production or close plants.

According to Tolko Manitoba Kraft Papers (TMKP), operational excellence is the key to surviving in a difficult market. Located in The Pas, Canada, TMKP typically manufactures internal layers for bags for pet food, cement and sand. In its ongoing efforts to meet customers’ needs for quality products at competitive prices, the company has implemented several initiatives. One of these is an asset-management programme from Shell Global Solutions. The programme is designed to help prevent the deterioration and breakdown of equipment in order to reduce unplanned and emergency work, and to help increase production by reducing downtime.