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Released October 21, 2021 | SUGAR LAND
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When organizations truly understand the risk of their operations and take proactive action, the risk of an incident is decreased. Measuring leading indicators of major hazard risk is a focus of API Recommended Practice 754 (API RP 754), which is an invaluable tool for players in the refining and petrochemical industries.

API RP 754 provides solid guidance on the leading and lagging indicators of process safety and monitoring. The ability to understand and take action on these leading indicators can reduce the risk of major incidents and safety events that represent lagging indicators. The American Petroleum Institute (API) published the third edition of API RP 754 in August.

Hexagon PPM is hosting a webinar on the advantages of API RP 754 on Wednesday, November 3, from 10 am to 11 am CDT. Click here to register.

Hexagon PPM is a division of Hexagon, a global leader in sensor, software and autonomous solutions.

Information offered in this webinar includes:
  • How API RP 754 provides solid guidance for process industries
  • What process safety leading indicators can be applied to prevent catastrophic incidents
  • How incidents could have been prevented, with examples from specific events
It is possible to reduce costs and increase profitability by going beyond the recommended practice, specifically by understanding key leading indicators before issues affect the safety shutdown system.

API RP 754 classifies process safety indicators into four tiers of leading and lagging indicators. Tiers 1 and 2 are suitable for nationwide public reporting, while Tiers 3 and 4 are intended for internal use at individual facilities, according to the API.

AttachmentClick on the image at right for a graphic showing the leading and lagging indicators and the layers of process safety.

The webinar will be hosted by Brian Nixon, Executive Software Consultant for Hexagon PPM, and Jack Craighton, O&M Consulting Lead for Hexagon PPM. Nixon, who joined the company in 2008, has experience in the process industries, including agricultural processing, specialty chemicals and plastics compounding. Craighton has 20 years of experience in the Oil & Gas and Chemical industries and 10 years in Industrial Software.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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