19-10-2020
AVEVA and SCG announce strategic partnership to deliver a ‘Digital Reliability Platform’
AVEVA, the global leader in engineering and industrial software, and Chemicals Business, SCG, one of the largest petrochemical companies in Thailand and a key industry player in Asia, today announced their strategic partnership to develop a Digital Reliability Platform (DRP), a complete asset performance management (APM) solution to predict equipment health, monitor performance, and enable advanced maintenance across its operations to eliminate unplanned downtime. The DRP was completed through a collaborative effort between AVEVA and Chemicals Business, SCG. This partnership matched the company’s broader digital transformation imperative to become a data-driven organization to advance its position as a leader in the petrochemical industry and to also take the DRP solutions to the market.
Asset reliability is critical for asset intensive businesses such as petrochemicals. Unplanned shutdowns cause significant negative impacts on petrochemical value chains. Digital transformation initiatives enable businesses to address this risk by harnessing data to build and deploy an advanced APM solution to monitor critical assets and predict failure towards a goal of zero unplanned shutdowns. The solution integrates online and offline equipment data to visualize plant performance, enhance workforce efficiency, and apply artificial intelligence (AI) for predictive maintenance and resolution.
“This is a great achievement for Chemicals Business, SCG since reliability is a critical element to our business. With the innovative approach of the Digital Reliability Platform, we will ensure that we can eliminate the business risks posed by unplanned downtime. In our quest for a partner, AVEVA was the only company to provide an end-to-end solution spanning engineering, operations, and maintenance. With the DRP, we have successfully brought together big data, AI, machine learning, and predictive analytics into a practical solution that will empower our workers and improve our performance,” said Mr. Mongkol Hengrojanasophon, Vice President - Olefins Business and Operations, Chemicals Business, SCG.
“Moreover, this partnership will include launching the Digital Reliability Platform Solutions to the market. This would be the first complete and unique digital solutions which combine both breakthrough technology and industrial specific information”, added Mr. Mongkol.
“Our strategic partnership with Chemicals Business, SCG is a major milestone for us in leveraging the strength of our portfolio to deliver value through digital transformation. We are proud to be part of this collaboration that improves operational efficiency and reliability to achieve zero unplanned downtime by maximizing asset availability with predictive and prescriptive maintenance. The standardized systems and processes defined through this collaboration will also result in improved workforce efficiency,” said Ravi Gopinath, Chief Cloud Officer and Chief Product Officer at AVEVA.
The Digital Reliability Platform will bring together digital innovations and practitioner knowledge to increase work efficiency and safety to establish a new competitive standard within the industry.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Audubon launches vapor recovery & reuse system for EPA compliance
Audubon Engineering Company, a leading provider of engineering, procurement, construction, fabrication, and technical services, introduced its patented Vapor Upcycle ...
26-03-2024
-
Koch Modular to expand state-of-the-art pilot plant in Houston
Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the ...
26-03-2024
-
TotalEnergies and SINOPEC to produce sustainable jet fuel
TotalEnergies and China Petroleum and Chemical Corporation have signed a Heads of Agreement to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a ...
26-03-2024
-
SABIC and Pashupati group to target recycling opportunities in India
SABIC, a global leader in the chemical industry, has signed a Memorandum of Understanding (MoU) with Pashupati Group, a leading Indian recycler of plastic waste and supplier ...
25-03-2024
-
Karen McKee named 2024 petrochemical heritage award recipient
The American Fuel & Petrochemical Manufacturers (AFPM) is pleased to announce ExxonMobil’s Karen McKee, president of ExxonMobil Product Solutions Company, as the ...
24-03-2024
-
ABB and Cap Clean Energy collaborate to help SAF production take off
ABB has signed an agreement with Cap Clean Energy to collaborate on sustainable aviation fuel (SAF) production sites in the Canadian provinces of Manitoba, Saskatchewan ...
21-03-2024
-
Yokogawa launches OpreX robot management core
Yokogawa Electric Corporation announces the development and release of OpreXTM Robot Management Core, a software application in the OpreX Asset Management and Integrity ...
21-03-2024
-
Samsung Engineering rebrands name to SAMSUNG E&A
Samsung Engineering, a world leading engineering solutions and project management company, announced today, that it will officially changes its name to 'SAMSUNG E&A'. ...
21-03-2024
-
Clariant and Lummus awarded catalyst technology contract for new isobutane dehydrogenation plant
Clariant, a sustainability-focused specialty chemical company, and its process partner Lummus Technology have been selected by Huizhou Boeko Materials Co. Ltd., to provide ...
20-03-2024