Posts Tagged ‘top quartile’

A Novel Thermodynamic-Based Metric: The Magic Bullet for Resource-Efficiency?

Posted in Chemical, Energy on Friday, August 10th, 2018. No comments yet
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Author: Ana Gonzalez Hernandez In my previous post, I introduced the concept of resource efficiency: the integrated efficiency with which energy and materials are transformed in industrial processes. I mentioned that improvements in resource efficiency are considered indispensable to achieving globally agreed CO2 emission and energy reduction targets. This is because trends in production volumes […]

Reaching Operational Excellence while Remaining Policy-Compliant: Leveraging Opportunities to Improve Resource Efficiency

Posted in Energy on Friday, July 27th, 2018. No comments yet
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Author: Ana Gonzalez Hernandez, PhD The production of engineered materials, such as metals, cement, or plastics, requires a lot of energy. Before the industrial revolution, natural resources were of relatively high value compared to labour, and this ensured that products “were maintained, repaired and upgraded” (Allwood et al. 2011). Today, the relative value of labour […]

Driving Operational Improvements in Oil and Gas Production

Posted in Oil & Gas on Tuesday, May 1st, 2018. No comments yet
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Emerson’s Jose Jimenez presented at the 2018 Offshore Technology Conference (OTC) about how leverage field intelligence to advance an Operational Certainty strategy. He explored the role of automated procedures in improving operational performance. Jose opened sharing a statistic that global oil & gas producers lost over $300B in profitability from operational problems—safety, reliability and efficiency. […]

Improving Petrochemical Plant Operational Performance

Posted in Wireless on Thursday, August 10th, 2017. One comment so far
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Top performing petrochemical producers operate safely and securely, reliably, use energy efficiently, and achieve operational efficiently. The difference between top and average performance can be and has been measured across these four areas. In fact, it is estimated that across the global industrial sector, annually as much as $1 trillion is lost as a result […]

Generating IIoT Return on Investment

Posted in Industrial IOT, Wireless on Wednesday, June 7th, 2017. One comment so far
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Justifying instrumentation- and automation-related projects in process manufacturing operations typically involves quantifying expected returns in reliability, efficiency or reductions in risks associated with safety and emissions. As Industrial Internet of Things (IIoT) technologies have emerged, the need for project justification remains as strong as ever. In a Smart Machines & Factories article, Securing a return […]