monetary damages

How Can Companies Mitigate Monetary Damages?

Mitigating monetary damages involves several strategies:
- Regular Catalyst Monitoring: Implementing advanced monitoring techniques such as spectroscopy and microscopy can help in early detection of catalyst deactivation.
- Optimal Process Conditions: Employing precise control over reaction conditions using real-time monitoring and control systems ensures that the catalyst operates at its optimal performance.
- Preventive Maintenance: Regular maintenance of equipment and timely replacement of worn-out parts can prevent unexpected failures and downtimes.
- Feedstock Purification: Using high-purity feedstock and incorporating purification steps can minimize the risk of catalyst poisoning and side reactions.

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