June 2021

Digitalization

Taking on petrochemical plant hurdles with networking smarts

The petrochemical industry is facing one of the most significant challenges in its history.

Rivero, A., Rajant Corp.

The petrochemical industry is facing one of the most significant challenges in its history. The COVID-19 pandemic has shrunk demand for a variety of end products that rely on petrochemicals, polymers and specialty polymers. The petrochemicals market has witnessed instability in pricing for naphtha, ethylene and heavy paralysis oil, among others. These factors combined are byproducts of the fact that our usual energy-consuming activities have been halted. The situation is hitting the industry hard as fewer vehicles take to the road. The volatility in the chemicals space has triggered a chain of events in the energy markets that will inevitably impact the industry for years to come. As a comp

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