Petrochemicals
Seeq Intelligence: Bridging industrial AI and human expertise for smarter operational decisions
Industrial organizations face growing complexity, increasing talent loss, and critical expertise that is locked in siloed systems and individual experience, making it more challenging to improve performance, create consistency, and build competitive advantage.
ITT completes acquisition of SPX FLOW
In December 2025, ITT announced it had entered into a definitive agreement to purchase SPX FLOW for a total consideration of $4.775 B, funded through a combination of cash and equity.
Secure the future of process automation through IT/OT convergence
In the processing industries, operational technology (OT) systems that control and automate physical industrial operations have traditionally been isolated from information technology (IT) systems that manage data and enterprise-level functions. This separation was largely driven by cybersecurity concerns, leading to strict controls on OT networks and limiting their ability to connect with broader IT infrastructure.
Valmet launches Valmet FlexBatch 8, the latest version of its advanced batch automation and recipe management software
Operators increasingly expect batch control software that offers broad adaptability and works seamlessly within the distributed control system (DCS) responsible for coordinating and automating plant activities.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
- Vietnam receives first cargo of Congo Djeno crude for Nghi Son refinery 5/18
- Mexico's Pemex says brief fire at Olmeca refinery controlled, operations normal 5/18
