Management
Smart manufacturing standardization: Driving global interoperability for enabling factories of the future
Smart manufacturing is a topic that has generated considerable discussions within industry and standards organizations.
Implement effective operational discipline programs to improve process safety performance—Part 1
Operational discipline (OD) describes human behavior in complying with required systems, every time, to consistently achieve organizational goals and overall operational excellence.<sup>1,2</sup>
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.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
