19-02-2025
Preem selects closed Loop AIO technology from Imubit
Imubit, a global leader in closed loop artificial intelligence optimization (AIO), and Preem, Sweden’s largest fuel company, have entered into a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s Closed Loop AIO technology. As part of Sweden’s drive toward a carbon-neutral future, this partnership underscores Preem’s commitment to innovative, data-driven solutions to reduce emissions and increase operational efficiency.
Preem has set ambitious goals for emissions reduction, including meeting net zero GHG emissions throughout the value chain by 2035. To meet this ambitious target, digitalisation for increased profitability is one of the main areas in Preem’s strategy. This partnership with Imubit represents a significant step in that direction. Imubit’s AI-driven Optimizing Brain™ solution will enable Preem’s Lysekil refinery to maximize the production efficiency of its Fluid Catalytic Cracking (FCC) unit. This is anticipated to also result in emissions reductions and fuel savings by enhancing yield profiles and stabilizing the fuel gas balance.
Dennis Rohe, Business Consulting Lead at Imubit, expressed the potential impact of the project: “Our collaboration with Preem is an opportunity to showcase the power of AI in industrial sustainability. By optimizing process variables to minimize environmental impact, we are supporting Preem in achieving emission reductions. We’re excited to drive forward their vision of greener refining practices.”
“At Preem, we are constantly exploring new technologies to reach our sustainability goals,” Erika Wikström, SVP of Technology. “Working with Imubit allows us to leverage cutting-edge AI to optimize our renewable processes while minimizing our carbon footprint. This collaboration is an important step toward a more sustainable future for our industry.”
The partnership between Imubit and Preem demonstrates the role of AI in transforming process industries and advancing sustainable operations. Imubit’s Closed Loop AI Optimization will help Preem set a new standard in refining, by including AI-optimisation on top of Preem’s already ambitious plans to reduce dependency on fossil fuels and enabling a sustainable energy transition across Europe.
News Category:
-
MAIRE announces major contract wins
MAIRE announces that its subsidiaries TECNIMONT and KT-Kinetics Technology, also thanks to the technological and engineering services provided by NEXTCHEM, have been ...
29-04-2025
-
Borouge to boost production capacity
Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has today announced a series of strategic asset expansion ...
28-04-2025
-
Wanhua Chemical signs JV agreement with Petrochemical Industries Company
On April 25, Wanhua Chemical formally signed a joint venture agreement with Petrochemical Industries Company. Under the terms of the agreement, PIC invested USD ...
27-04-2025
-
TotalEnergies to cease operating its oldest steam cracker in Antwerp
TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. ...
23-04-2025
-
HOERBIGER to break ground on new Florida Campus in Florida
HOERBIGER Corporation of America will hold a ceremony to commemorate the groundbreaking of its future home, the HOERBIGER Florida Campus, on Wednesday, April 23rd. Construction ...
22-04-2025
-
Amogy and JGC to accelerate commercialisation of ammonia cracking catalyst
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced the first pilot plant deployment of its advanced ammonia cracking catalyst ...
17-04-2025
-
Clariant teams up with Technip to introduce new steam-to-oil catalyst
Clariant, a global leader in specialty chemicals, today announced the launch of StyroMax UL-100, its most advanced ethylbenzene dehydrogenation catalyst to date. This ...
09-04-2025
-
Yokogawa Launches OpreX Plant Stewardship
Yokogawa Electric Corporation announces the launch today of OpreXTM Plant Stewardship, the most comprehensive lifecycle service program in the company’s OpreX Sustainable ...
08-04-2025
-
IndianOil to build mega petrochemical project in Paradip
In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical ...
08-04-2025
-
BDI BioEnergy to begin construction of biofuel feedstock refinery plant
BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will ...
04-04-2025