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apacciooutlook | Friday, August 19, 2016
FREMONT, CA: The 9th Annual Asian Downstream Week (ADW) is all set to make an impact this October. The two day event will take place on 26th and 27th October 2016 and witness triple stream technical conference and exhibition hosted by World Refining Association (Clarion Events) as a part of Singapore International Energy Week (SIEW).
Banking on the successful introduction of supply chain planning, data analytics and operational excellence case studies last year, Asian Downstream Week 2016 will lay emphasis on three themes such as Digital Manufacturing and Automation, Connected Supply Chain and Operational Excellence and Asset optimization. The event aims to explore technological innovations and unearthen the capabilities of digital manufacturing and automation technologies that can enable process operators achieve efficient throughput.
Noted Industry experts and C-suite executives across the globe will be participating in the key event. Speakers at Asian Downstream Week 2016 have voiced on the latest trends and technologies in refinery processes. Brett Schroeder, MD of Asset Performance Networks, LLC finds Asia to be competitive in terms of turnaround performance compared to restof the world. On improving productivity and efficiency of downstream operators, Dr. Michael B. Simpson, Industry Manager - Refining & Petrochemicals at ABB Measurement Products asserts, “The ability to source, schedule, blend and commit low-cost crudes while maintaining crude distillation unit throughput, reliability and product qualities will be the mark of a successful refinery operation, especially if matched by a permanently low-cost operational structure.”
Dr Oktem, President and Co-Founder, Near-Miss Management LLC remarks, “We provide a unique capability -identifying process problems as they start forming and point them out to the operating team. At their early development stages, we refer to process issues ‘hidden near-misses’TM. They are difficult to recognize without specific analytics designed for this purpose. Our software, called Dynamic Risk Analyzer, uncovers ‘hidden near-misses’ and brings to the attention of operating team members. Our tool also provides peripheral vision to detect process problems developing on the side-lines,” on adding value to downstream companies’ efforts.
Data has become an integral part of an organization’s success story. Data analytics is changing the paradigm of information and data being used in refining and petrochemical industry. Senthil Ramani – Managing Director, Digital Business Lead and Director, IOT Center of Excellence – Resource Industries, Accenture Consulting, Singapore says, “Today, analytics translates vast amounts of data into meaningful and actionable insights. By making music out of the noise, data analytics is equipping decision makers with information they need to make cost saving decisions, rapidly, and at scale. The technologies for digital transformation have arrived, and the digital workforce is seeking to do things faster and smarter. A combination of these effects is seeing an unprecedented use of analytics in the industry.”
IOC and NOC refinery and petrochemical operators, technology licensors, EPC’s and other key industry players will come together to meet and discuss investment and collaboration opportunities, key projects, technology licensing, feedstock supply and security.