Loss Prevention
Business Trends: The ins and outs of construction contracts
Industrial construction projects are becoming larger and more complex, with shorter schedules. To meet these challenging requirements, such construction projects are often executed by multiple entities located in different countries that may have different business objectives.
Digital: Better maintenance through better data
When I talk to professionals in the refining and petrochemical businesses, they are always interested in how new technologies can improve operational efficiency, make plants safer and increase profitability.
Executive Viewpoint: Succeeding against cyber attacks
No doubt exists that the added connectivity that modern control and automation systems deliver offers a myriad of benefits. By embedding computing within the process and utilizing edge and cloud technologies, it can provide greater visibility. It creates a digital thread for the plant and allows both equipment and the processes to be analyzed, as well as giving prescriptive advice.
How changes to functional safety standards can optimize fire and gas detection
ANSI/ISA-84 is one of the most influential standards in functional safety and has been a driver for instrumented process safety improvements over the last 20 yr. It is a comprehensive norm covering a wide range of aspects related to functional safety in process industries, including the entire life cycle of designing, implementing and operating safety systems.
Surviving turbulent times requires deep management changes
The Stone Age did not end due to a stone shortage. The Conventional Oil Age was not eclipsed by vanishing traditional oil and gas resources. The Shale Revolution unleashed an era of abundant, new unconventional oil and gas supplies.
Digitalization: Maximize assets with a digital investment framework for oil and gas
Oil and gas investments are diversifying as the industry leans toward a more digitally conducive environment. Asset analysis was initially evaluated based on an asset’s technical parameters, pricing and operationality. In this new digital world, however, variables such as service quality, innovation, compliance, flexibility and scalability require quantification. Refinery data continues to be critical to evaluate investments, but is often incomplete.
Editorial Comment: Honoring the industry’s best … take 2!
Due to Tropical Storm Imelda, Hydrocarbon Processing issued its first force majeure in postponing the third annual HP Awards.
Improved cooling system performance begins with data
Refineries consume large amounts of energy and water to refine crude oil into products. Up to 10% of crude oil’s energy content is consumed during processing, and it takes 1.5 bbl of water to process one barrel of crude oil. Refining processes also generate large quantities of excess thermal energy that needs to be expelled into the environment using a once-through or recirculating cooling system.
Use submerged combustion systems to efficiently destroy hazardous plant waste
In the production of clean fuels, plastics and other hydrocarbon-based products, refineries and petrochemical facilities generate unwanted (waste) byproducts. Having no market value, the undesired byproducts must be recycled, minimized or eliminated. Depending on the feedstocks, end products and reactant materials, the unwanted materials can be gases, liquids or multiphase materials.
When digital transformation hits all four sustainability buckets
Sustainability is emerging as a critical business topic, as many companies focus resources toward lowering emissions, waste and energy use in their production processes. This important concept can apply broadly to company operations, especially when considering the expansive view of the triple bottom line that measures the impact of company operations on profits, people and the planet.
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
- Rohm awards NextChem feasibility study for PMMA-polymer chemical recycling plant project 12/16
- Westlake to rationalize certain North American chlorovinyl and styrene assets 12/16
- CMB.TECH invests in Chinese ammonia supply 12/16
- Petrovietnam, BASF cooperate in developing green methanol, pioneering the energy transition 12/16
