Rapporteurs' Report on Coating Fingerprint Satellite Symposium03 September 2019 GCE Admin
Introduction In the Fingerprinting Satellite Symposium (FPSS), the practicality of fingerprinting polymeric coatings was highlighted. Datuk Ir. Kamarudin Zakaria, PETRONAS, Malaysia graced FPSS by delivering a keynote speech. He shared that the paints, coatings & corrosion industries in Malaysia generate a total turnover of over RM20 billion per annum across all industries, from oil & gas, buildings, transmission, transportation, defense and the shipping industries. From the recently published NACE International (National Association of Corrosion Engineers), The International Measures of Prevention, Application, and Economics of Corrosion Technologies (IMPACT) Cost of Corrosion Study in March 2016, the global cost of corrosion amounts to as much as US$2.5 trillion per annum. It stated that between 15 to 35% savings, about US$375 to US$875 billion, of this worldwide value, can be realized by implementing corrosion control strategies. He placed the successful collaboration between industry and academia under the IMM Taskforce on Coatings Fingerprinting as contributing to the long term quality assurance of coatings applied, in particular for the oil & gas industry.