Big Data for Operator Support in Chemical Plants

| February 13, 2018

article image
Driven by the development of the Internet and IoT, the amount of data we are generating every day has exploded in the last few years. Therefore, big data analytics has become increasingly important for many companies trying to mine data to better understand their business and make better decisions. Industrial companies are no exception. Industrial automation has led to plants being increasingly IT-centric and data-intense. Today, a typical process plant like a paper mill, a hot-rolling mill or a petrochemical plant generates a large amount of data throughout its entire life-cycle: e.g. measurement values, alarm and event logs, shift book logs, laboratory results, piping and instrumentation diagrams (P&ID).

Spotlight

Azelis

Founded in 2001, we have grown by bringing together more than 35 successful companies, many with a history going back over 100 years. More than 1,000 people in offices across Europe, Asia Pacific and Canada, work with over 3,000 world class manufacturers to provide a diverse range of innovative products and services, to 20,000 customers with 40,000 products.

OTHER ARTICLES

Global polyolefins for the rest of 2021: supply to lengthen as demand muddle continues

Article | May 2, 2021

SOMEHOW, despite the still very serious container freight shortages that have limited imports, buying sentiment seems to have weakened in the European polyolefins market, according to my outstanding ICIS colleague, Linda Naylor.

Read More

Chemical Recycling of Plastic – Waste No More?

Article | March 2, 2020

When it comes to the circular economy transition, plastics recycling is as much of a challenge as an opportunity. Today, around 25.8 million tons of plastic waste are generated in Europe every year, with less than 30 percent of it getting collected for recycling. This is a huge loss of valuable resources to the economy, and with a huge cost to the environment. Could chemical recycling be part of the ultimate solution, making the plastics value chain more circular whilst providing a profitable new industry branch.

Read More

Demographics are reshaping petrochemicals trade flows, investment patterns and demand

Article | May 23, 2021

TEN YEARS AGO, fellowblogger Paul Hodgesand Ifirst highlighted the leading rolethat changing demographics would play in reshaping petrochemicals supply and demand. We have been emphasising the importance of demographics ever since. Demographics have, of course, always been a critical shaper of economies throughout human history. But during the last 70 years, there have been such major changes in demographics that the study of demographics must be at the very heart of your company’s strategy. The Babyboomer generation in the West led to a surge in demand as the rapid increase in babies born in the 1950s and early 1960s joined the workforce from the 1970s onwards. This helps explain high levels of inflation during that decade because too much demand was chasing too little supply. Another driver of inflation was the Middle East embargos against oil exports to the West because of the West’s support for Israel. Then came the 1990s and first the integration of Eastern Europe into the global economy. This helped dampen inflationary pressures because of the plentiful supply of workers in the east willing to work for low wages in export-focused factories. This reduced the cost of finished goods in the West. Next came Deng Xiaoping’s critically important“southern tour”in the early 1990s and China’s gradual integration into the global economy. China increasingly leveraged its very youthful population to again make cheap goods to export to the West. Hundreds of millions of young people were willing to migrate from the countryside to China’s coastal cities to work in export-focused manufacturing plants. The world began to talk about the “China price” and how it was further depressing global inflation.

Read More

Transporting biological and chemical materials - what you need to know

Article | February 13, 2020

The landscape of biological and chemical logistics has changed rapidly - as have the regulatory frameworks around it. What has not necessarily kept pace is the end-user understanding of the nature of these logistical processes, their opportunities and their constraints. Twenty years ago, the transmission of biological and chemical materials was limited to a small range of organisations: usually national and international research companies, hospitals, major university departments, police and military departments with forensic responsibilities.

Read More

Spotlight

Azelis

Founded in 2001, we have grown by bringing together more than 35 successful companies, many with a history going back over 100 years. More than 1,000 people in offices across Europe, Asia Pacific and Canada, work with over 3,000 world class manufacturers to provide a diverse range of innovative products and services, to 20,000 customers with 40,000 products.

Events