Kenny,
Excellent idea.
Quote - "You must learn from the mistakes of others. You can't possibly live long enough to make them all yourself." ~ Samuel Levenson.
http://www.hse.gov.uk/research/rrpdf/rr253.pdf (Recommendations for avoiding failures)
http://www.hse.gov.uk/comah/sragtech/systems10.htm (Compendium of failure modes)
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Stan McKay