Stay ahead of the game in the (Petro) Chemical Industy
More efficient & safer processes, greater plant availability, asset & resource flexibility and reduced emissions– in the (Petro) Chemical industry, only one thing counts competitiveness over the entire lifecycle.
(Petro) Chemical Industry trends
– Increase number of sensors
– The decreasing number of Subject Matter Expert (SME)
– Digital Twin
– Silo-ed integration with interoperability and Cyber Security
– Sensor validation, verification and calibration is changing from manual to automatic
– Diagnostic information becomes more important
– Soft Sensors
– Intelligent (Smart) Systems
– Emission reporting
Overcoming (Petro) Chemical industry challenges
With growing complexity in regulations (Petro) Chemical manufacturers must invest more in health, safety, and compliance technology to manage operational risk.
Many critical assets are over 25 years old in the (Petro) Chemical industry. A significant percentage are still using reactive maintenance practices and are unable to detect errors on time.
Insight into Asset and Operational data
(Petro) Chemical manufacturers are challenged with low visibility into assets or operations performed on both the plant and enterprise levels.
Current market conditions and shifting feedstock prices, (Petro) Chemical manufacturers are often challenged with decentralized production, putting added pressure on operating costs and production flexibility.
Around 70% of experienced employees will retire in the next 10 years.
Reporting & Compliance evidence
Lack of skilled plant operators who can safely and efficiently run a refinery.