Process Optimization
AspenTech Acquires Mtell
Aspen Technology, Inc. has acquired Mtelligence Corp., a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization.
Use a mixed-solvent process to boost lube base oil yields and profitability
Through research and development (R&D), the commercial application of a mixed-solvent (MS) approach using a mixture of different co-solvents resulted in higher lube raffinate yields without affecting the lube oil quality.
Refining: High-impact challenges in today’s global refining market
To stay competitive and thrive in today’s uncertain and volatile energy market that is characterized by major shifts in supply and demand dynamics, refiners must find ways to increase operational efficiencies, maximize productivity and produce refined products at lower costs.
Project Management: Performance excellence culture improves processes, giving lasting results
In the downstream industry, where production is at an all-time high and uncompromised safety is imperative, plant owners and operators are responding by implementing the latest time-saving technologies and systems to automate and improve human processes.
Schneider Electric acquires MaxEAM, strengthens asset performance management portfolio
Schneider Electric has acquired MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management.
GE and Baker Hughes to create fullstream digital industrial service company
GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oil and gas technology provider with a unique mix of service and equipment capabilities.
Rockwell Automation expands information solutions offerings
By the year 2020, more than 50 B devices are expected to be connected to the internet. These devices are getting smarter and consequently, will help make manufacturing smarter.
Honeywell and Flowserve collaborate on IIoT solutions
Honeywell and Flowserve will collaborate to provide Industrial Internet of Things solutions to help industrial customers make their operations, safer, more efficient and more reliable.
Siemens temperature measuring system lengthens plant life, improves product quality
Siemens’ Sitrans TO500 enables complex temperature measurements and detection of the precise position of critical overtemperatures.
Emerson targets $1 T in industry losses with Operational Certainty program
Emerson has launched its Operational Certainty program to help industrial companies achieve top performance and recover more than $1 T in operational losses globally.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
