Fluor uses IBM to deliver predictive analytics for megaprojects


Fluor Corporation and IBM announced the use of artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction (EPC) megaprojects from inception to completion. Fluor’s extensive engineering, fabrication, construction and deep supply chain expertise, coupled with artificial intelligence and analytic technologies from IBM Watson, forms the foundation for big data analytics and diagnostic systems that help predict critical project outcomes and provide early insights into the health of projects. Large capital projects, especially in the energy and chemicals, and mining and metals markets, are incredibly complex with enormous amounts of data, people and moving parts that are constantly changing and need to be understood to keep a project on schedule and budget. Read More

Royal DSM said that FormFutura will distribute its high-performance additive manufacturing filaments to customers in the fast-growing additive manufacturing/3D printing industry. The collaboration gives manufacturers, OEMs, designers and 3D printing service bureaus access to DSM additive manufacturing filaments for prototyping and industrial parts production. A 25-year pioneer in stereolithography, DSM started developing high-performance filaments based on its engineering plastics portfolio. Building on the company’s deep market-specific application understanding and expertise, DSM is further expanding its additive manufacturing activities into all polymer processing technology platforms – including experience from years of research in Selective Laser Sintering (SLS), Multi Jet Fusion, Ink Jet and Binder Jet processes. Read More

Lanxess has commissioned a new production line at its Mannheim site for the synthesis of dimercaptothiadiazole (DMTD) derivatives. These chemicals are added to lubricants as multifunctional additives. The production line, which started in May 2018, doubles the annual production capacity of these speciality additives. The investment volume is in the single-digit-million-euro range. “With this investment, we have responded to the increased customer demand for these specialities. The new plant will enable us to meet their requirements for high-quality lubricant additives, but also helps us acquire new customers, and further develop our own package solutions for a rapidly growing market,” said Dr Martin Sawe, head of the lubricant additives business line in Lanxess’s additives (ADD) business unit. Read More

International Flavors & Fragrances Inc (IFF) said that it has received antitrust clearance from all relevant antitrust authorities around the world to acquire Frutarom. All applicable antitrust and competition laws have been satisfied. “We are pleased that we’ve received our final antitrust clearance from Russia to proceed with our combination with Frutarom. Building on our strong momentum – having obtained Frutarom shareholder approval and receiving all relevant antitrust clearance – we continue to make significant progress in our integration planning. With great execution from our teams, we are on track to close the transaction in early October – ahead of our original expectation,” said Andreas Fibig, chairman and CEO, IFF. Read More

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