Written by: Chye Hou Ching
Competitive pressure from mega sites is intense, particularly in the APAC region. In this white paper we look at how the mega sites are spread out across the world. These mega sites have competitive advantages in the form of economies of scale due to their high throughputs. They often have relatively complex process units that translates to enhanced upgrading capacity. This also translates into increased processing flexibility to capture market opportunities.
To survive and thrive in this hyper-competitive environment, plants in the APAC region need to satisfy two performance imperatives.
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Aug 15, 2019
In the past, when oil prices were higher, upstream producers were very focused on managing their assets for maximum production volume. However, in the current and forecast business environment, there is a much greater need to manage for value. Maximum value is not always maximum flow; this can sometimes lead to value destruction. So what does managing for value mean for an upstream producer?Read full article
Feb 4, 2020
Achieving autonomous operations is all about empowering the plant to run, learn, adapt and thrive in tomorrow’s environment. Dynamic real-time optimization gives a fast automated response based on the actual changes in raw material properties, product demand, and operating conditions.Read full article
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