Royal DSM N.V. (Herleen, the Netherlands) and TU Delft announced the establishment of the Artificial Intelligence Lab for Biosciences (the AI4B.io Lab). This laboratory will be the first of its kind in Europe to apply artificial intelligence (AI) to full-scale…
Henkel Adhesive Technologies has strengthened its capabilities for maintenance, repair and overhaul (MRO) solutions by investing in Feelit, based in Haifa, Israel. The startup has developed a unique sensor technology for predictive maintenance for various applications in manufacturing. With the…
Aramco (Riyadh, Saudi Arabia) announced a strategic alliance with SAP Saudi Arabia to expand the digitalization of its Enterprise Resource Planning (ERP) systems. The agreement with SAP is another step in Aramco’s digital transformation journey, paving the way for further…
Aspen Technology, Inc. (Bedford, Mass.) announced that Hengli Petrochemical (Dalian) Refinery (Hengli), a leading Fortune Global 500 refinery in China, has chosen Aspen DMC3 software to accelerate digitalization at its integrated refining and chemical plant in Dalian, China. With this…
Cognite (Oslo, Norway), a global industrial AI software company, and Wood plc (Aberdeen, Scotland), a global engineering and consulting company, have agreed to a strategic partnership that will accelerate industrial transformation by creating artificial intelligence (AI) solutions that enable more…
Aspen Technology, Inc. (Bedford, Mass.) it has acquired Camo Analytics AS, a leading provider of industrial analytics based in Norway. The technology and expertise acquired with Camo Analytics will further strengthen AspenTech’s solutions to drive higher levels of performance, profitability…
Lummus Technology (Houston) and TCG Digital announced that the companies have formed a joint venture called Lummus Digital. The joint venture will work with Lummus' existing customers and potential customers to implement digital analysis and operative solutions to their refining,…
SIBUR (Moscow, Russia) has rolled out a novel solution that makes it possible to accurately model physical and chemical processes at petrochemical facilities. The pilot was launched at Tomskneftekhim, where low-density polyethylene reactor was digitally modelled to deliver a considerable…
Siemens (Munich, Germany) announced that it has signed an agreement to acquire Culgi, a computational chemistry software company with a focus on multiscale simulations in the process industries. Culgi will join Siemens Digital Industries Software, where its solutions will expand…
Air Liquide (Paris) is now deploying at a global scale its bulk gases supply chain digitalization program, IBO (Integrated Bulk Operations). Digital technology and the associated massive collection of data from production plants to the clients’ sites enable the improvement…