Emerson (St. Louis, Mo.; www.emerson.com) announced it has signed multiple contracts totaling $12 million with India’s largest commercial oil company, Indian Oil Corporation Limited (IOCL), to modernize operations and emissions programs at the company’s refineries. Under the contracts, Emerson will…
In February 2019, BASF SE (Ludwigshafen, Germany; www.basf.com) founded the new company BASF Digital Solutions S.L. located in Madrid, Spain to drive forward the digital transformation of BASF group and develop innovative IT solutions. BASF plans to grow the center…
Haldor Topsoe A/S (Lyngby, Denmark; www.topsoe.com) and Honeywell (Charlotte, N.C.; www.honeywell.com) announced a technology alliance to expand the benefits of connected services to a broader range of the chemical and refining industries. As a product of this alliance, Topsoe has…
The technologies associated with the Industrial Internet of Things, and the benefits that can be attained from them, are topics that are frequently described in the pages of Chemical Engineering. Finding and implementing the best new technologies for an application…
Monitoring and analyzing historical corrosion data can provide insights not available from manual inspection and measurement techniques Some petroleum refiners looking for ways to improve profitability have lately turned to buying opportunity crudes from secondary sources. These crudes, while priced…
Clarity about the requirements for digital twin technology is essential for any organization’s digital transformation As manufacturers in the chemical process industries (CPI) begin the digital transformation process for their plants and assets, the need for technology to support this…
BASF Venture Capital GmbH (Ludwigshafen, Germany; www.basf-vc.com) is investing $2 million into Alchemist Accelerator’s (San Francisco, Calif.; www.alchemistaccelerator.com) fund, allocating at least half towards investments in -D printing, agtech, material informatics, nutrition, and technology game-changers. This investment supports BASF’s strategy…
From process and materials development to maintenance and logistics, artificial intelligence (AI) is emerging as a transformative force across the chemical process industries As in many other sectors, artificial intelligence (AI) technologies are beginning to emerge in the chemical process…
Rockwell Automation Inc. (Milwaukee, Wisc.; www.rockwellautomation.com) has acquired Emulate3D, an engineering software developer whose products digitally simulate and emulate industrial automation systems located in Reading, U.K. By using accurate simulation models to improve systems planning and decision-making, followed by emulation…
Marathon Petroleum Corp. (MPC; Findley, Ohio; www.marathonpetroleum.com) has contracted Axens (Rueill-Malmaison, France; www.axens.net) to provide its Connect’In services for realtime process monitoring and optimization of multiple Continuous Catalytic Regenerative (CCR) Reformers and multiple Prime-G+ FCC gasoline post-treatment units across their…