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Pinnacle acquires specialty risk-based inspection firm Trinity Bridge

December 29/2020

MOSCOW (MRC) -- Pinnacle, a leading provider of data-driven reliability and integrity programs, has acquired Houston-based Trinity Bridge, LLC, a consulting company specializing in risk-based inspection programs for the refining and petrochemical industries, said Hydrocarbonprocessing.

This comes on the heels of Pinnacles announced rebrand and reinvestment into technology and systems to create next generation reliability solutions for the industry.

"Reliability will be the key to sustainability for industries like oil and gas refining, chemicals, mining, and water treatment, and Trinity Bridge brings a great team of people to accelerate that advancement, said Ryan Sitton, founder and CEO, Pinnacle and author of "Crucial Decisions." "Lynne Kaley and I have worked alongside each other as competitors and collaborators for nearly 20 years, and I have always respected and admired her. She was a pioneer in the early days of Risk-Based Inspection technology development, and we are excited to have her and her team join us in building next generation of solutions to optimize reliability."

Lynne Kaley, principal owner of Trinity Bridge, will be joining Pinnacle as vice president of research and development. In this role, she will lead Pinnacles investment into the development of new technology, processes, and solutions to advance industrial reliability.

"We are really excited to join the Pinnacle organization and combine our expertise with the resources of such a forward-thinking company, said Kaley. Pinnacles vision and commitment to advancing credible reliability solutions for the industry is an area where we believe we have a lot to contribute. We are looking forward to being a part of driving the next revolutionary advancements."

As MRC informed earlier, in 2018, Pinnacle Polymers, one of the major PP manufacturers in the US, has announced force majeure at its polypropylene (PP) facility in Garyville, Louisanna, USA. The Pinnacle Polymers plant has a capacity of 410,000 tonnes per year.

According to MRC's ScanPlast report, November PP production in the country exceeded 169,100 tonnes, compared with 152,000 tonnes in October; several producers increased their capacity utilisation. Russia's overall PP production reached 1 698,000 tonnes in January-November 2020, compared to 1 298,000 tonnes a year earlier. Six out of eight producers increased their capacity utilisation, two producers decreased production volumes.
Author:Anna Larionova
Tags:PP, PP block copolymer, homopolymer PP, PP random copolymer.
Category:General News
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