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Petronas to provide integration across the entire value chain

April 14/2021

MOSCOW (MRC) -- Petroliam Nasional Berhad (Petronas), Malaysias fully integrated oil and gas multinational, has partnered with AVEVA, a global leader in industrial software, driving digital transformation and sustainability, to provide a modern enterprise solution that promotes integration across the entire value chain, said Hydrocarbonprocessing.

Petronas selected  AVEVATM Unified Supply Chain in the cloud to enable simplified business processes and deeper collaboration, while reducing value leaks and sustaining productivity.  As the only industrial software company that offers unified design applications across all supply chain activities, AVEVAs solution uses Enterprise Crude Knowledge Management, to drive Value Chain Optimization for the oil and gas industry.

The AVEVA solution will provide easy data management to deliver a single source of crude oil information that is easily shared across different teams and locations. The modern and intuitive software will eliminate the requirement for specific coding, drastically reducing the learning curve delivering high-performance computing and advanced data processing that will enable PETRONAS to run complex planning models at speed using the latest cloud technology.
At PETRONAS, we are continuously looking to create value with disruptive technologies that offer optimum solutions. Utilizing AVEVA Unified Supply Chain software, we have been able to adopt a more integrated business process, that optimizes our productivity, allowing us to deliver with less, said Mr. Yusri Yusof. 

AVEVAs strategy is to help forward-thinking organizations like PETRONAS create a collaborative environment enabling the business to be managed in a comprehensive, flexible, and connected manner that brings transparency to the decision-making process across the value chain.

As per MRC, Petronas Chemicals Ethylene, a subsidiary of the Malaysian state-owned petrochemical company Petronas, carried out preventive maintenance at its ethylene plant in Kerteh, Malaysia, in March. Repairs at the production facility with a capacity of 400,000 tonnes of ethylene per year will take approximately one month.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 241,030 tonnes in January 2021 versus 217,890 tonnes a year earlier. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, propylene, ethylene, Petronas.
Category:General News
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