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Loss Prevention

Alfa Laval to acquire NRG Marine, offering ultrasonic anti-fouling solutions

Alfa Laval has signed an agreement to acquire NRG Marine, a leading provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications, headquartered in the UK.

Pertamina partners with ABL to enhance asset management at its Cilacap refinery (Indonesia)

Pt. Kilang Pertamina Internasional has appointed ABL’s asset integrity management unit to further enhance asset management at the Indonesian national energy company’s Cilacap Refinery Unit IV, located in Central Java, Indonesia.

Russia's Sibur suspends output at petrochemical plant east of Moscow after drone attack

Russian petrochemicals giant Sibur said on Wednesday it had temporarily suspended production at its plant in the Nizhny Novgorod region due to a Ukrainian drone attack.

Banyan Software acquires FoxInsights, an IoT-based remote tank monitoring solutions provider

Banyan Software, a leading acquirer and permanent home for great enterprise software businesses, has acquired FoxInsights GmbH, a market leader in Internet of Things (IoT)-based remote tank monitoring (RTM) and data-driven asset management solutions for the energy sector.

Schneider Electric, MaxGrip partner to improve asset performance for customers

Leveraging MaxGrip’s Asset Improvement Program, Schneider Electric will further support customers in their digital transformation journey by providing a comprehensive asset lifecycle management program.

Update to ISA/IEC 62443 Standards addresses organization-wide cybersecurity

The International Society of Automation (ISA) — the leading professional society for automation — has announced the publication of ANSI/ISA-62443-2-1-2024, “Security for industrial automation and control systems.” This is the latest update to the ISA/IEC 62443 series of standards, the widely used global consensus-based automation and control systems cybersecurity standards.

Radix, Celanese, Cognite partner to develop JO.AI, a groundbreaking generative AI-powered solution

Radix and Celanese will collaborate with Cognite on the development of JO.AI, a groundbreaking generative AI-powered solution designed to revolutionize operations in asset-intensive industries.

Yokogawa, UptimeAI partner to enhance asset performance management in industrial plants

Yokogawa Electric Corporation and UptimeAI Inc. announced a strategic agreement aimed at dramatically enhancing asset performance management in industrial plants. The agreement is underscored by a capital investment in UptimeAI by Yokogawa.

Digital Exclusive (sponsored): Improve efficiency via centralized data and advanced collaboration

This article will detail how companies can use digital solutions to transform their engineering and data management by seamlessly integrating real-time data across the entire asset lifecycle, enabling faster, more accurate decision-making to improve efficiency, increase safety, minimize downtime and enhance profitability.

Decarbonization pathway for net-zero by 2050: Carbon neutrality roadmap strategy for an integrated refinery and petrochemical facility

This article quantifies GHG emissions from various sources, such as fired heaters and boilers, within refinery and petrochemical operations. Based on these quantified emissions, a tailored carbon neutrality roadmap is developed, incorporating carbon reduction, mitigation and offsetting strategies.