Working Out a Budget for your Pigging Project
Pigging systems deliver rapid payback and high return on investment. But there’s no getting away from it. Like all industrial equipment and process improvement projects, price plays an important role.
Price considerations not only determine the type of pigging system chosen but also influence aspects like the level of control and automation. Additionally, budget availability often dictates project timing and when it will go ahead.
This article looks at pigging system pricing and explores the various factors essential in determining the cost of a pigging system (and if you’re not sure what pigging is, here’s an explanation of how pigging works).
Understanding the Price of a Pigging System
This question is frequently asked by potential customers: ‘What’s the price of an HPS pigging system?’
It would be great if we were able to provide a standard price list for each type of pigging system. For example, an ‘off the shelf’ price for a single-pig system, then a price for a double-pig system, tank drop off, and either manual, semi or fully automated and so on. Unfortunately, that’s just not possible.
The reason we can’t provide a standard pricing schedule for the cost of the different types of pigging system? Quite simply, there’s no such thing as a standard pigging system!
HPS design and develop every solution around the unique needs and requirements of each client. This tailored approach ensures that every customer receives an optimal solution designed specifically for their operations.
And because it is extremely rare to have to identical processes, it’s also extremely rare to have two identical pigging systems.
How We Work Out Pigging System Price?
So, how do we work out out much a pigging system costs?
There’s actually quite a lot to consider, and much of it comes down to experience. With a rich history dating back to 1995, we’ve executed and overseen the implementation of hundreds of pigging systems worldwide—so many, in fact, that we’ve lost count on the exact number we’ve implemented!
Because we design each solution around the specific needs of each customer, the pigging products, services and equipment we supply to each customer can vary extensively.
Generally, a comprehensive pigging solution comprises a range of components such as valves and fittings, launch and receive stations, gauges, propellant supplies, PLCs, HMIs, pig detectors, solenoids, safety features as well as the actual pig or pigs themselves and often other components. It’s quite a lot of kit!
There’s also the range of services we may provide, such as installation, programming, sequencing, and sometimes integrating with existing software. We may provide other services as well, such as spare part kits, training, documentation and commissioning.
How to Get a Quote
The best way to find out how much a pigging systems costs is to get a pigging system quote.
Our get a quote form serves as the best means to acquire a comprehensive estimate. By filling in as much detail as possible, our team will calculate a tailored quote and cost estimation for your project. Alternatively, feel free to reach out via email or connect with your local HPS office for a chat.
Please note your pigging system price quotation will be worked out by our engineers. Working out how much a pigging system will cost is not something that’s readily automated or easy to do for non-experienced or non-technical people. Either way, when you’ve submitted your form we will provide you with detailed pigging project prices, or if you prefer some budgetary information so you have an idea of costs for planning purposes.
High Return on Investment
Pigging systems deliver a variety of benefits. However, one of the biggest has to be the high return on investment (ROI) due to product reclamation and waste reduction.
Different people and different businesses calculate ROI in different ways. But to get a good idea of the ROI you are likely to gain, here’s a previous post which looks at product recovery system ROI and payback.
We also have a pigging system savings calculator which serves as a valuable resource. By inputting essential data, this tool will quickly give you an estimate of how much a pigging system could save your business based on the value of product you will recover when you pig your system.
Short Payback Period
With regards to pigging system payback, analysis of our systems in various different factories shows that they usually pay for themselves nearly always in less than a year, often in just a few months.
Precisely how fast payback will be depends on the value of your product and how much of it you were wasting before you deployed a pigging system. And of course, there are the other factors to take in to consideration. These include savings by reducing run off at the start of transfer, lower waste handling and disposal costs, faster changeovers, less energy usage and so on.
Importance of Commissioning
Commissioning plays a pivotal role in ensuring the seamless operation and safety of your pigging system.
Even if you opt to install the equipment yourself or through a contractor, HPS will undertake the commissioning process on your behalf. This critical step guarantees that every component operates as intended, ensuring both effectiveness and safety.
Rest assured, we will never leave you with a system that doesn’t work as it is meant to. Similarly, and importantly, we will never leave you with a system that isn’t up to our high safety standards.
Warranties, Service Plans and Guaranties
When selecting a process pigging company, ensure they offer comprehensive warranties and guarantees to safeguard your investment. These assurances should cover defects due to faulty materials or workmanship and last at least a year. Additionally, it’s also worth getting a minimum usage guarantee on your pig (or pigs).
HPS pigs are extremely robust and typically guaranteed for 30 000 metres or 18 miles of use (depending on the applications). That’s something that’s unlikely to be matched by any other type of pig. For many customers, we can also offer Pig Usage Advisory Software. This tells your operators when your pig is coming towards the end of its recommended working life.
In addition to robust warranties and guarantees, choosing HPS as your pigging provider ensures access to proven solutions and unparalleled customer care. We pride ourselves on offering the best aftersales support in the industry. Moreover, We can also offer scheduled service plans tailored to your requirements.
Find Out More
Catering to a diverse array of industries, HPS specialises in an extensive range of products, spanning paints, coatings, solvents, foods, confectionery, chocolate, beverages, household items, homecare, personal care products, pet foods, and more.
We have an exceptionally skilled team of engineers covering project management, mechanical and electrical design, control software engineering, commissioning and training. We select the team to deliver your project based on relevant experience and knowledge to ensure success.
Renowned as global leaders in industrial, hygienic (sanitary), and process pigging, HPS offers unparalleled expertise in the field. For further insights into the cost of implementing an HPS pigging system for your business, including comprehensive details on pig system ROI and payback, please don’t hesitate to get in touch.