A look at how advanced analytics facilitates and improves process safety efforts within the chemical process industries (CPI) Simply by the nature of some of the chemicals used and the associated complex processes involved, chemical plants can be hazardous. With…
Evonik Industries AG (Essen, Germany) has expanded its cooperation with IBM in the field of digitization. The two companies extend their strategic partnership ahead of schedule until 2025. Taking this decision early creates more opportunities for longer-term projects. Furthermore, Evonik…
The chemical process industries (CPI) are in the midst of a profound evolution, and technological changes — especially those in the digital sphere — are being implemented at an accelerated pace. Simply put, digitalization is the leveraging of digital technologies…
Accenture (Dublin, Ireland) and Sumitomo Chemical Co. (Tokyo, Japan) have established a joint venture (JV) SUMIKA DX ACCENT. The joint venture will leverage the power of artificial intelligence (AI), data analytics and other technologies to transform operations and create new…
Bühler AG (Uzwil, Switzerland; www.buhlergroup.com) is making a major step towards digitally connected rice mills of the future. The first rollout for integrated rice mills is entering the final stages, with the initial setup using artificial intelligence (AI) and machine…
As digitalization becomes more common and remote operations become necessary, guarding against cybersecurity breaches grows even more critical The hacking of a Florida water plant, which made headlines in February, was a poignant reminder of the dangers posed by breaches…
SUEZ (Paris, France) and Schneider Electric SE (Rueil-Malmaison, France) are joining forces to create a joint venture (JV) to strengthen their major role in the development of innovative digital solutions in the field of water. SUEZ and Schneider Electric will…
Repsol S.A. (Madrid, Spain) and Microsoft Corp. (Redmond, Wash.) have renewed their strategic collaboration focused on accelerating Repsol’s digital transformation and the global energy transition. The companies will co-innovate to build new AI-powered digital solutions, and as part of a…
Baker Hughes (Houston) has announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities.…
IBM announced that bp plc (London) has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry. By joining the IBM Quantum Network as an Industry Partner, bp will have access to IBM's quantum…