['Hazardous Materials Safety - OSHA']

['Process Safety Management']

04/22/2025

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Aren’t PSM (or Process Safety Management) programs extremely expensive for warehousing and storage facilities?

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Aren’t PSM (or Process Safety Management) programs extremely expensive for warehousing and storage facilities?

RegSense Process Safety Management Safety & Health General Industry Safety Best Results FAQ Hazardous Materials Safety - OSHA English Focus Area USA

PSM compliance costs are directly related to the complexity of the covered processes. PSM compliance for storage purposes are usually less complex than formulation or reaction processes, resulting in lower costs. PSM compliance costs are small when compared to the very significant costs caused by catastrophic incidents. Employers are encouraged to view the time and resources devoted to PSM programs as worthwhile investments and not as burdens. PSM programs benefit all facilities that store highly hazardous chemicals, even those facilities that store hazardous chemicals in quantities that do not trigger mandatory PSM compliance. Many employers have found that implementing a comprehensive safety management program, as required under PSM, translates into more efficient operations and increased profits.

['Hazardous Materials Safety - OSHA']

['Process Safety Management']

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