| A recently
released two-year breakthrough study estimates the annual direct
cost of corrosion in the United States to be $276 billion. While
this is a sizeable number, larger than many of the world's economies,
it has been estimated that 25-30% of the total, or $70-80 billion,
could be saved by using state-of-the-art corrosion management practices.
In addition to the cost savings, corrosion can result in public
and industrial safety issues.
CC Technologies (Dublin, Ohio)
conducted the research in a cooperative effort with the U.S. Department
of Transportation Federal Highway Administration (FHWA). NACE
International - The Corrosion Society worked with Congressional
representatives to secure $1 million in federal funding for the
study.
The study identified the direct
cost of corrosion in five major sectors of the economy - infrastructure,
utilities, transportation, production & manufacturing, and
government.
How much is corrosion costing
you?
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