Digital Technologies
KBC simulation software optimizes the hydrocarbon value chain
KBC (A Yokogawa Company) has launched its Petro-SIM® 7.5 process simulation software. This digital twin platform supports diverse needs across the hydrocarbon value chain, from upstream to downstream and petrochemicals and from design to operations.
Aspentech announces new and expanded capabilities in latest version of aspenONE
Aspen Technology, Inc. introduced new and expanded capabilities now available in aspenONE®, helping customers achieve new levels of operational excellence with expanded Industrial AI throughout the portfolio, additional integration of industrial data management across solutions, and advancements in planning and scheduling capabilities.
Artificial intelligence for engineering a better tomorrow—Part 2
Part 1 of this article—published in the April issue —explored the importance and application of artificial intelligence (AI) techniques in the domain of advanced process design and engineering. Part 2 focuses on the use of AI for autocorrecting engineering drawings.
Digital transformation shapes the oil and gas industry: Achieving unparalleled growth and operational efficiency
The oil and gas industry is facing numerous challenges that are impacting its profitability and future growth.
AMETEK Land provides thermal imagers to large ethylene producer
AMETEK Land has provided a large U.S. ethylene producer with 28 thermal imagers to provide continuous, highly precise, temperature measurements for optimum process control in its four cracking furnaces.
Haldia Petrochemicals awards ethylene plant digitalization contract to Lummus
Lummus Technology has been awarded a contract by Haldia Petrochemicals Ltd. for digitalization services at HPL's ethylene plant in West Bengal, India.
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
AMETEK® Level Measurement Solutions unveils BrightTEK™: A wireless IIoT solution/platform
AMETEK Level Measurement Solutions (LMS), a business of AMETEK Inc., has launched BrightTEK, a state-of-the-art wireless Industrial Internet of Things (IIoT) solution designed to redefine operational efficiency and cost-effectiveness in various industries.
Artificial intelligence for engineering a better tomorrow—Part 1
Artificial intelligence (AI) in engineering a better tomorrow refers to the concept of utilizing AI technologies to enhance and innovate the field of engineering. This concept includes the integration of AI into various engineering disciplines to improve efficiency, accuracy and innovation.
Create business value with human-centric digital transformation
In today’s turbulent global geopolitical and economic landscape, key decision makers at industrial manufacturing organizations are exercising caution when considering new spending. However, despite this moderation, company shareholders expect ever-increasing returns.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
