Asia petrochemical outlook 2018

whitePaper | January 17, 2020

A digital twin of a process plant as an integrated concept covers three core points: The digital twin of the product, the digital twin of the production plant and the digital modeling of the performance of the product and production. The functional scope of a digital twin essentially depends on its purpose. In the process industry, this can be everything from the safety analysis, product simulation or the optimization of the production process, right up to economic benefit formulation.

whitePaper | June 15, 2021

When properly used, the hazardous area classification system makes for a safer work environment. Too often, however, hazard classes are specified without concern for the significantly higher design and procurement costs they bring. In many cases, an open mind and a little ingenuity can avoid excessive costs for compressors and other equipment, without compromising safety. This white paper explains hazardous classification systems commonly used in the chemical industry and outlines considerations for installing compressed air equipment in these areas

whitePaper | January 14, 2023

As industries reexamine their partners and processes in a critical search for efficiency, chemical businesses are feeling increasing cost and margin pressure. Still, the companies that can adapt new models and automate their processes have an unprecedented opportunity to have an outsized positive impact.

whitePaper | September 12, 2022

Assessment Window: Assessments are based on the latest information from the market up to the close of the assessment

whitePaper | December 30, 2019

The chemicals industry is going through a transformation. Many existing and emerging trends are shaping the future of the industry, which include increasing competition, a shift in economic power, disruptive innovations in end markets, changes in feedstock, accelerating commoditization, sustainability, digitization, and Industry 4.0. These key developments which are determining the future of chemicals broadly fall into three key themes: ‘Growth and innovation’, ‘Performance and cost optimization’, and ‘Sustainability and circular economy’.

whitePaper | July 1, 2022

It is widely recognized in many industries that sustainability is a key driver of innovation. Numerous companies, especially large ones who made sustainability as a goal, are achieving clearly more competitive advantages.