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Microbiologically Influenced Corrosion (MIC) is a major concern in process industries, particularly in the Oil and Gas sector. It is estimated that 25-30% of corrosion related failures in pipelines and industrial equipment can be attributed to MIC. The cost of metallic corrosion has been estimated to range between 2-3% of the gross domestic product (GDP) in developed countries and MIC certainly accounts for a significant fraction of the total cost of corrosion amounting to billions of dollars due to unexpected shutdowns, equipment replacement, mitigation strategies, etc.
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