Showa Denko K.K. (SDK; Tokyo; www.sdk.co.jp) has introduced an artificial intelligence (AI) based search system to look efficiently for information useful for capital investment evaluation from the company’s knowledge databases. This new search engine uses an AI system named “KIBIT,”…
Yokogawa Electric Corp. (Tokyo, Japan; www.yokogawa.com) announced the opening of the Open Process Automation (OPA) Test Bed Collaboration Center, located six miles north of ExxonMobil's Houston campus in The Woodlands, Texas. The opening of the center follows the announcement in…
Henkel AG & Co. KGaA (Dusseldorf, Germany; www.henkel.com) is participating in the latest funding round of Fero Labs (New York, N.Y.; www.ferolabs.com), a start-up aiming to optimize industrial processes by using explainable machine learning. The investment is led by the…
Honeywell (Morris Plains, N.J.; www.honeywell.com) today announced the release of Experion PKS IT Highly Integrated Virtual Environment (HIVE), a transformative new technology that centralizes up to 80% of IT infrastructure used in project engineering. This allows industrial manufacturers to lower…
In today’s accelerating adoption of new digital technologies, one of the areas that is rapidly gaining momentum, and the interest of the chemical process industries (CPI), is additive manufacturing (AM) — more commonly referred to as 3D printing. According to…
Industrial internet of things (IIoT) technologies support online, continuous condition monitoring for pumps Because pumps are often critical to process operation and safety, condition monitoring for pumps has long been a respected practice in the chemical process industries (CPI). However,…
While no company wants to envision becoming the victim of a cyberattack, investing time upfront to craft an incident-response plan can provide a quicker path to recovery Cyberattacks are becoming a way of life — in both our personal, and…
All critical infrastructure segments are at risk for cyberattacks, but the unique integration of the chemical manufacturing sector into the global supply chain makes it an especially ripe target Defined by the U.S. Department of Homeland Security (DHS), critical infrastructure…
Chris Benson, principal artificial intelligence strategist for global aerospace, defense, and security giant Lockheed Martin, will give the opening keynote presentation at the Connected Plant Conference 2020, which will take place February 25 to 27, 2020, at the Westin Peachtree…
VAKT Global Ltd. (London; www.vakt.com), a company focused on commodity post-trade processing underpinned by blockchain, has announced that Saudi Aramco Energy Ventures (SAEV) is its latest investor with a $5 million investment in new shares and Aramco Trading Company as…