Driving Sustainability Goals in Manufacturing: A Practical Approach for Process Industry
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- 09/02/2023 - 10:00 am - 11:00 am EST
Energy management is at the focal point of competitiveness of the chemical process industry all around the world. While the contribution of renewables in all forms was around 29 per cent globally, energy security is still a concern for most of the developing countries. The modern concept of the Tiple Bottom Line (consisting of people, planet and profit) has made it imperative to look beyond only the commercial impact but to reconsider the strategies for achieving a more sustainable growth, with environment as one of the most critical aspects.
The chemical/pet. Chem and other continuous manufacturing industry is a major consumer of oil and gas, with the oil consumption being 14% and 8% being that of gas. In terms of direct carbon dioxide (CO2) emissions, the chemical industry ranks only third – behind iron & steel, and cement. The rising demand for chemicals and shrinking profitability have made sure that, these industries look beyond the conventional ways of energy conservation.
The advent of digital solutions has enabled the chemical process industry to a great extent, despite the fact that, compared to the IT and other manufacturing industries, it is still at a nascent stage. A mindful use of the technology has promised a great value to its adopters. The transition from L0 to L4 and L5 levels have their proportional (and if possible, exponential) returns on investment. In the best possible way, a combination of multiple solutions and technologies, especially the ones that are most relevant to the chemical process industry (such as modelling and simulation, data analytics and a combination of both, and a few more tools and techniques such as advanced process control) will surely shift the paradigm of the energy management.
Key areas to be covered:
-Sustainability Metrics – Energy / Asset / Process
-Current landscape of Energy consumption – How Industry is Doing it today?
-Gaps in the traditional Approach – Have you identified the scope for Improvement Framework for Energy Management
-Opportunities for Energy Optimization – Capex / Opex
-Case Studies
-Advanced digital technologies to leverage
-What it needs for effective Energy Management – Domain, Technology, or both?
You should attend, if you are share responsibilities for:
-Achieving sustainable goals in manufacturing
-Energy management in Utilities, assets and process
-Prescriptive and Predictive maintenance
-Digital transformation in manufacturing
-Process data analytics implementation
-Operational excellenceIndustries which can benefit from the webinar:
-Oil & Gas
-Chemical – continuous production
-Petrochemicals
-Metals and mining
-Pharma