In line with the country’s Industry 4.0 ambitions, the government-run company has partnered with IBM to introduce the blockchain technology across its oil and gas production value chain. Increased operational efficiency, improved reliability of production data and greater transparency in transactions are some of the benefits of this contemporary technology.

Metso announced the delivery of the first valves with 3D printed parts from its Helsinki plant. The valves include 3D printed metal components that allow the valves to perform in a particularly demanding application where they need to withstand numerous fast open-close cycles without maintenance.

The large-scale facility is expected to start operations in 2020 and will produce liquid nitrogen, oxygen as well as argon for local customers in the region.

With an aim to support the automotive players in the region and move towards cleaner mobility, the company will be establishing a new plant by the end of 2019 to expand its capacity.

Under her new role, Wuttke will be responsible for developing and executing end-to-end digital strategy which is expected to be a core area for the firm’s success in the near future.

The trend toward linking up the production and control levels in a network is now making itself felt in low-voltage switchboards in the process industry. The critical point in this field is that the communication-capable switching devices are able to provide direct and secure exchange of data. The OPC UA protocol helps to make the data of the loads and the motors accessible via the switchboard.

New technical developments are thronging the market place during the course of Process Industry 4.0. In this context, a new system in the area of valve technology is catapulting itself to the top of the development pyramid. It can be used to simplify, to improve the structure of administrations and to optimise processes. All this can yield surplus value for plant manufacturers as well as plant operators.

Schenck Process has launched a new platform to visualize the status of all machines, no matter if it is Schenck Process- or any other equipment.

Screen classifying cutters master challenging product — Calcium chloride is really difficult to process. This very hygroscopic salt dissolves exothermic in water and its abrasive properties require robust process equipment. An American calcium chloride supplier has found a save and reliable process solution.

BP Ventures has invested $ 5 million in Belmont Technology’s solution to further expand the artificial intelligence (AI) and digital capabilities in its upstream business. The investment is to support the ongoing work exploring opportunities to apply machine learning and cognitive computing in its global oil and gas business.