Maire Tecnimont Group’s Nextchem and Indian Oil have recently entered into a MOU under which the oil major will utilise Nextchem technologies for the development of industrial projects in order to boost the circular economy in India.

The digital twin of a plant is a virtual image, which not only allows internal process states to be displayed transparently, but also allows process optimizations to be worked out. Take the example of steam crackers — the king’s class of process plants — and learn how models, simulations and digital twins can be used to generate benefits over the entire life cycle of plants.

Under the terms of the agreement, Schneider Electric and Aramco will test emerging technologies at a new built-for-purpose test bed located at the Saudi Schneider Electric Innovation and Research Center in Saudi Arabia. The new facility is expected to test systems for multi-vendor interoperability, cybersecurity and advanced functionality.

ABB recently launched ABB Ability Liquid Routing Library which is a control engineering inventory for food and beverage manufacturers and those in other liquid related industries, including tank farms, pharmaceuticals and chemical resin plants.

Lux Research’s new report titled ‘The Chemicals and Materials Company of 2040’ states that over the next 20 years, the chemicals and materials industries will change drastically due to climate change and the digital transformation. The sectors will also be forced to adopt new skills and develop new goals to stay competitive in the market.

The acquisition has led to the establishment of the MBCC Group and Dr. Jochen Fabritius has been appointed as the Chief Executive Officer of the new standalone company. The Group will be focusing on delivering innovative and sustainable solutions for the construction industry.

Even though Powtech cannot take place before 2022, the exhibits and technology solutions which Grenzebach planned to showcase at the trade fair can now be seen on a digital information platform.

Bentley and Siemens recently held an online media session in which they announced that Bentley’s Plant Sight and Siemens’ Teamcenter Calm will be used together for the very first time to develop a unique digital twin solution. Both the companies will also be collaborating to develop a digital twin for Chandra Asri’s largest integrated petrochemical complex in Indonesia.

Clariant provided investors, analysts and journalists important details of the specific challenges and opportunities in North America as well as unique insights into the latest market and technology trends within Clariant’s Business Units Catalysis and Oil & Mining Services at Clariant´s Roundtable event in San Francisco on August 25.

Lux Research’s new report titled ‘The Chemicals and Materials Company of 2040’ states that over the next 20 years, the chemicals and materials industries will change drastically due to climate change and the digital transformation. The sectors will also be forced to adopt new skills and develop new goals to stay competitive in the market.