European chemical companies contribute to this shift by investing in other regions. According to the European Chemical Council, Europe’s chemicals output has been shrinking considerably both in absolute and in relative terms, with much production shifting to the Middle East, Far East and Gulf regions. Any improvement project in operations “supply” in Covestro’s terms, is about providing context to data and making these data actionable. Some companies provide their personnel and contractors with access to historical and real-time plant data via private cloud. How about industrial Big Data (in the cloud)? Some cloud applications are therefore mainstream, but most operations management applications and process control are on-premise. Some cyber-physical systems enabling the intelligent plant are mainstream in the process industry. Fuel-cell vehicles are potentially as efficient as a battery-powered car that relies on a non-fuel-burning power plant. What a graph like this points out is that any engine has a peak horsepower – an rpm value at which the power available from the engine is at its maximum output. Computing power is ever increasing, with many new and easy-to-use technologies. However, the key is to know where to focus and to recognize if expectations for these technologies are “a pie in the sky” or realistic, according to Hanisch.

Estimations of the ranges of added value per driver, even if approximate, are too important to be ignored, according to Hanisch. Downstream manufacturing is also moving out of Europe and end clients are more demanding in terms of traceability, ecological footprint or the added value of the end product. Cleaning activities carried out without the equipment does not yield desired results in terms of cleanliness. How Should I Maintain My Carpets After Professional Cleaning? You may be in need of an expert carpet steam cleaning. Perfect for cleaning any of your leather shoes, boots, and other products. The goal of the vertical integration is to make the right data accessible to the right people to be able to make the right decisions. An enterprise agreement with OSIsoft and a successful global rollout helped the company standardize on the PI System, providing Covestro with efficient access to its data. In the midterm, Covestro wishes to leverage growth and innovate how customers do business with the company. Longer term, Covestro considers completely new, digitally enabled business models.

In the shorter term, the company aims to “optimize supply,” innovating its day-to-day business by improving reliability and supply chain performance. Our expertise and market knowledge assist us manufacture, export and supply a finest quality array of Chemical Storage Tanks. This means getting more quality product out of the existing asset in a safe manner. The company identified safety, cost reduction, and improving uptime and quality as main targets. The company not only works on the sustainability of its own operations, but also includes the supply chain and its impact on global environment and people. It works with Windows 10, Windows 8, Windows 7, Windows Vista, and Windows XP. Covestro believes this strategy must be organized along the company’s vertical and horizontal integration axes. The objective of the horizontal integration with suppliers and customers is to share data, improve cooperation and improve order fulfillment and service levels. Also, while Industrie 4.0 also looks at the modes of production (such as moving toward modular production units for appropriate processes), the initial focus for IIoT tends to be more on connectivity, Big Data, and analytics to improve production asset availability and performance.

So, is this Big Data, characterized by high volumes, high velocity and a large variety? As a good-sized plant generates in the order of a billion data points per day (with some parameters being sampled at sub-second frequencies), the volume and the velocity certainly are there. The variety comes from logged events, so-called unstructured data. To put data into context and create applications has always required a huge effort in the past. A: Robotic vacuums are electronic devices that are meant to help clean floors with minimal human effort. Penetrating resin finishes are formulated with two different types of resins: phenolic and alkyd. Other challenges are access to (low-cost) feedstock and stringent regulations. The strategic answer to these challenges is that “Chemicals 4.0” players can thrive when they simultaneously master the supply chain of feedstock and resources, manufacturing efficiency (including intensification and digitalization), as well as customer-specific application value. Covestro uses the “digital compass” that identifies value drivers related to the digitalization of the manufacturing sectors. In the safety area, improving sustainability is very important for Covestro. In general, safety considerations constrain supply-chain flexibility considerably, and create stringent requirements for security and process safety. For example, most valves are operated by actuators under control of an algorithm in a digital process control system.