Automation
Emerson to acquire remaining outstanding shares of AspenTech
Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265/share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.2 B, and values the total company at a fully diluted market capitalization of $17 B with an enterprise value of $16.8 B.
Pertamina partners with ABL to enhance asset management at its Cilacap refinery (Indonesia)
Pt. Kilang Pertamina Internasional has appointed ABL’s asset integrity management unit to further enhance asset management at the Indonesian national energy company’s Cilacap Refinery Unit IV, located in Central Java, Indonesia.
Schneider Electric, MaxGrip partner to improve asset performance for customers
Leveraging MaxGrip’s Asset Improvement Program, Schneider Electric will further support customers in their digital transformation journey by providing a comprehensive asset lifecycle management program.
Update to ISA/IEC 62443 Standards addresses organization-wide cybersecurity
The International Society of Automation (ISA) — the leading professional society for automation — has announced the publication of ANSI/ISA-62443-2-1-2024, “Security for industrial automation and control systems.” This is the latest update to the ISA/IEC 62443 series of standards, the widely used global consensus-based automation and control systems cybersecurity standards.
Yokogawa, UptimeAI partner to enhance asset performance management in industrial plants
Yokogawa Electric Corporation and UptimeAI Inc. announced a strategic agreement aimed at dramatically enhancing asset performance management in industrial plants. The agreement is underscored by a capital investment in UptimeAI by Yokogawa.
Yokogawa and UptimeAI partner to deliver operational excellence through AI-powered APM
Yokogawa Electric Corp., a global leader in industrial automation and control, and UptimeAI Inc., a provider of a cutting-edge artificial intelligence (AI)-based operational excellence platform designed to mimic experts in identifying and solving operational issues, have announced a strategic agreement aimed at dramatically enhancing asset performance management (APM) in industrial plants.
Digital Exclusive (sponsored): Improve efficiency via centralized data and advanced collaboration
This article will detail how companies can use digital solutions to transform their engineering and data management by seamlessly integrating real-time data across the entire asset lifecycle, enabling faster, more accurate decision-making to improve efficiency, increase safety, minimize downtime and enhance profitability.
Digital Exclusive: Automation and digital technologies' role in the energy transition-A discussion with Yokogawa
Hydrocarbon Processing sat down with Mitsuhiro Yamamoto, Vice President and Executive Officer of the Systems Business Division, Digital Solutions Headquarters, Yokogawa Electric Corporation to discuss the global energy transition, and how digital technologies and automation have and will play a major role in the evolution of the processing industries.
SICK and Endress+Hauser join forces in process automation
SICK and Endress+Hauser are bringing their strategic partnership in process automation to life: SICK’s advanced gas analysis and flow measurement technology is now an integral part of Endress+Hauser’s comprehensive instrumentation portfolio.
Revolutionize the integrated refining and petrochemical industries with digital twin models
Today’s refining and petrochemical complexes are increasingly adopting digital model technologies. One such tool, digital twins, has proven to be an excellent solution for the design and operational stages. With digital twin models, plants can achieve optimized business sustainability, improving environmental impacts, asset performance and financial criteria.

- Yara Clean Ammonia, NYK sign time-charter agreement for ammonia-fueled medium gas carrier 2/10
- Nigeria's Dangote refinery to operate at full capacity in 30 days 2/10
- Lyondell completes shutdown of Houston refinery 2/10
- BASF introduces first superabsorbent polymer with product carbon footprint of zero 2/7
- Russia may ban gasoline exports for a month to stabilize prices 2/7
- South Korean petrochemical firms' profits fall in 2024 as oversupply persists 2/7