Loss Prevention
Dow to close three European chemical plants, cut 800 jobs
Dow Chemical will shut down three chemical plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said. The company said the shutdowns will remove higher-cost, energy-intensive portions of Dow's portfolio in Europe.
Gunvor plans to halt oil terminal activities at Europoort refinery
Global commodities trading house Gunvor intends to mothball the terminal activities at its Europoort oil refinery in Rotterdam, Netherlands
Digital Exclusive: How to build cyber resilience in the oil and gas supply chain
Society’s dependence on the oil and gas supply chain is well-documented. However, this reliance has given rise to concerning new trends in cyber threats—vital businesses along that chain must be more vigilant than ever about their security postures.
Denso’s Covercoat System sets new standard in corrosion prevention
Denso Inc., a global leader in corrosion prevention and sealing technologies, is highlighting its Covercoat™ System, a comprehensive corrosion prevention solution engineered for steel and concrete columns, support legs, structural steel and a wide range of exposed service pipes and more.
Digital Feature: The critical interdependency of relief valve analysis and flare system considerations during HAZOP
Hazard and operability (HAZOP) studies are a systematic and structured methodology used to identify potential hazards and operability issues in industrial processes. One of the key safeguards often considered in HAZOP studies is pressure relief valves and flare systems to mitigate overpressure scenarios.
Executive Viewpoint: Heavy industry, light footprint—Helping the HPI run leaner and cleaner with AI
AI has the potential to effect a real change. By harnessing vast amounts of operational data, AI can support process optimization, help to predict equipment failures and better facilitate the integration of renewable energy sources. These capabilities can improve asset performance as well as operational sustainability.
Digital Feature: Flare system design—The importance of periodic evaluation of existing facilities
This article emphasizes the critical importance of routinely revalidating relief and flare system designs, much like the periodic review of process hazard analyses. A detailed case study is reviewed to illustrate the value of such revalidations.
Valmet to deliver Valmet DNA DCS to a bio-based process plant in Portugal
Valmet will deliver a Valmet DNA distributed control system to a bio-based process plant in Portugal. The order was placed by Valmet’s new Value Added Reseller (VAR) partner Tecnilab AV Portugal S.A.
Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry
Univation Technologies and C3 AI have entered into a strategic cooperation agreement to commercialize AI-powered predictive maintenance solutions tailored for the petrochemical industry.
INEOS responds to UK Government's industrial strategy
• STATEMENT: On the UK Government’s new industrial strategy and the future of British manufacturing
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
- SWISS becomes world’s first airline to integrate Synhelion solar fuel into its flight operations 7/24
- Finland's Neste tops earnings forecast on soaring SAF sales 7/24
- Shell restarts hydrodesulphurization unit at Pernis oil refinery after unplanned outage 7/24
- Orlen's Unipetrol will start commissioning ethylene unit after power outage experienced earlier in July 7/24
- Dow forecasts sales below estimates, slashes dividend as downturn takes a toll 7/24
