Industrial Process Energy Savings at Continental Tire / Industrial Process Energy Savings at Valero Energy / Industrial Process Energy Savings at United States Steel / and Industrial Process Energy Savings at JM Smucker Company.
Problem: Need to reduce energy use in refineries without affecting throughput or quality and with limited availability of capital.
Action: MPC team developed the tools to evaluate energy variances in production facilities and non-capital energy savings opportunities.
Results: Valero was able to lower their Solomon Index, an industry benchmarking tool, by 11 points. This resulted in an overall energy savings of $170 Million across 14 refineries.
(Special Note: Each point lowered on the Solomon Index can save a refinery over a million dollars in energy costs)