Embedding machines with artificial intelligence (AI) allows them to learn from their past experiences.
The cost of failing to properly align shafts or belts on rotating machinery adds up to more than the need to physically fix damaged machinery.
For a process facility, guaranteeing maximum profit over its lifecycle while increasing safety and taking care of environmental aspects means continuous improvement toward operational excellence.
Using quadratic equations rather than a linear relationship in a linear programming (LP) model increases the model’s accuracy and reduces money left on the table.
Paraxylene (PX) separation is an energy-intensive process, as are most industrial chemical separations.
Radatz, H.,
Schembecker, G., TU Dortmund University;
Raffray, G.,
Sellis, D., The CoSMo Company SAS;
Boto, F.,
Echeverria, Z., Fundación Tecnalia Research and Innovation;
Carrion, A.,
Herce, C.,
Oto, F., Fundación CIRCE—Centro de Investigación de Recursos y Consumos Energéticos;
Gil, A., University of Zaragoza;
Arias, A.,
Borrego, R., DOW Chemical Co.;
Romero, J., Fertinagro Nutrientes S.L.;
Jacinto, J. T., Petróleos de Portugal
The processing industry consumes significant amounts of resources, such as materials and energy, to produce valuable goods for society.
New plant construction includes expectations for optimized production performance to achieve targeted profitability. After a capital investment decision is made to build a new plant, it can take years to secure critical items, including property, permits, technology licensors, front-end engineering and design (FEED), staffing, training, engineering and procurement for final design and construction.
In November 2017, US crude oil production eclipsed the 10-MMbpd mark, setting the highest production record in history.
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.