Overview / Scenario
A large petrochemical plant was undergoing a complete shutdown and needed to liquidate surplus rotating and processing equipment within a strict timeline.
Challenge
The client lacked internal resources to evaluate, appraise, and market the equipment efficiently. Global outreach and logistics coordination were also a concern due to tight scheduling.
Petrolequip Solution
We implemented our 7-step process, starting with appraisal and certification, followed by professional cleaning and documentation. Our sourcing team promoted the inventory through international channels and handled full-service logistics.
Result
The client successfully sold over 85% of their equipment above expected value within 60 days. All shipments were completed on time, with full compliance and documentation.