Management
Avoid costly stockouts through inventory sharing
Inventory sharing, per se, is not a new concept; rather, it is a popular practice in the wholesale and distribution business.
Executive Viewpoint: Edge computing in the COVID-19 recovery period
As the COVID-19 pandemic forces businesses to rethink standard operations, many are considering how technologies can help in the upcoming period of recovery.
Digital: Optimize plant turnarounds with AI-powered software
How much time and costs can be saved by scheduling with an AI-powered solution?
Executive Viewpoint : The importance of digital twins and cloud-based services
<i>Hydrocarbon Processing </i> spoke with Andrew McCloskey, Chief Technology Officer and Head of R&D at AVEVA, about how digital twins and cloud-based services are used, their benefits and challenges, security issues, etc., as related to the downstream oil and gas, refining and petrochemicals industries.
Reliability: Plan startups wisely and involve SMEs
DE, a retired former colleague of mine, recounted his experience as an expert witness for ABC in litigation against XYZ. (Note that I picked the letters A through M for the plaintiff’s side; N through Z are assigned to the defendants.)
Business Trends: Are chemical companies ready for the future of work?
The COVID-19 pandemic has caused significant, short-term disruption to the chemical industry, potentially leading to long-term impacts.
Safety: Do companies have the right tools to make proactive safety decisions?
A process safety management/operational risk management survey conducted by Sphera in 2020 polled respondents on the following items.
Risk: Escaping the “cyclone market” in downstream energy
To say that the downstream energy sector is facing a time of unprecedented challenge would be the understatement of the decade.
Business Trends: Case EPC-2020: Increasing competitiveness and profits
Prior to the hardships faced during the global pandemic, the engineering, procurement and construction (EPC) industry was already facing several challenges.
Optimizing methanol plant operations through minimal capital investments
In the constant search for improvement, Methanex has developed a state-of-the-art project to improve plant operation at its methanol production facility in Punta Arenas, Chile (FIG. 1).
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
