Connect with us

News

Pharma Biotech Business
Full-Year 2019 Results

Published

on


News, Pharmaceuticals

Lonza reported continued positive momentum in its core healthcare businesses in the first six months of 2019. This has driven 6.4% sales and 7.7% CORE EBITDA growth for the group, resulting in a CORE EBITDA margin of 27.8%. Based on H1 2019 results, Lonza confirms the Full-Year 2019 outlook of mid-to-high single-digit sales growth and a sustained CORE EBITDA margin.

Half-year performance was driven by Lonza’s Pharma Biotech & Nutrition segment achieving 10.8% sales growth and a 33.2% CORE EBITDA margin in an important investment year.

The Specialty Ingredients segment reported a 3.8% decline in sales in H1 2019. However, the CORE EBITDA margin increased by 20bps to 19%, despite headwinds caused by raw material price increases, supply chain challenges and negative cyclical impacts.

All figures relate to Lonza’s continuing operations (excluding the Water Care business unit) in reported currency and are compared with the same period in 2018 on a like-for-like basis (restated Lonza Half-Year 2018 financial results) to reflect adoption of IFRS 15 on revenue from contracts with customers and realignment of segments). Positive development of CORE EBITDA was also supported by the IFRS 16 accounting adjustment on leases, resulting in 40bps incremental margin for Lonza Group.

Pharma Biotech & Nutrition Segment

Lonza Pharma Biotech & Nutrition achieved double-digit sales growth. The newly formed segment, now including the Consumer Health & Nutrition business (formerly part of Specialty Ingredients), delivered CHF 2.1 billion sales in H1 2019 and a CORE EBITDA of CHF 693 million while investing in strategic growth projects.

Lonza confirmed the expansion of its bioconjugation facilities in Visp (CH), together with the successful commercial approval of a third antibody-drug conjugate (ADC) produced at this site. With eleven investigational new drugs (INDs) completed, and now three out of five commercially available ADCs supported by its bioconjugation facility, Lonza sees the need to further expand based on commitments from customers signed. Many bioconjugates are on expedited programs and the existing expertise at the facility, combined with proximity to clinical and commercial manufacturing of antibody, linkers and payload, will reduce risk and increase speed on the path to market for Lonza customers.

Measurement, Instrumentation, Control & Automation News Plant Construction, Engineering & Components

Adnoc selects Honeywell platform
Predictive maintenance projects in the oil and gas industry

Published

on

Adnoc selects honeywell platform for one of the largest predictive maintenance projects in the oil and gas industry
Picture: Honeywell

The Abu Dhabi National Oil Company (ADNOC) selected Honeywell’s asset monitoring and predictive analytics solution to drive improved asset and machinery management across ADNOC’s upstream and downstream operations. Leveraging AI technologies like machine learning and digital twins, the platform is expected to help generate significant yearly savings through reduced unplanned maintenance, increased reliability, uptime and safety.

The 10-year contract marks one of the largest predictive maintenance projects in the Oil and Gas industry and is part of ADNOC’s flagship Centralized Predictive Analytics and Diagnostics (CPAD) program. CPAD, which underpins the company’s 2030 Strategy and Oil & Gas 4.0 initiatives, aims at transforming ADNOC’s operations to maximize value from every barrel of oil, while delivering the greatest possible returns to the United Arab Emirates.

“ADNOC continuously drives innovation and seeks new and advanced technologies that can enhance operational efficiencies and optimize performance,” said Dr. Alan Nelson, chief technology officer, ADNOC. “The predictive maintenance project is significant in scale and in its application of AI technology. Data on thousands of critical assets will be hosted on a platform where AI techniques will be applied to enable us to better understand the performance of our assets and to predict shortfalls in advance, thereby enabling us to maximize operational efficiencies. Honeywell was selected as our technology partner to provide this state-of-the-art solution after a highly competitive and rigorous bid process.”

ADNOC will deploy Honeywell Forge Asset Monitor and Predictive Analytics solutions at its Panorama Command Center in its Abu Dhabi headquarters. Its Panorama Digital Command Center currently aggregates real-time information across ADNOC’s businesses and uses smart analytical models, AI and big data to generate operational insights and recommend new pathways. The addition of Honeywell’s solutions will enable the central monitoring of up to 2,500 critical rotating equipment across all ADNOC Group companies.

With continuous online equipment monitoring, aided by digital twin models and machine learning analytics, operators and maintenance personnel will be able to identify impending machinery issues earlier and shift from reactive and preventative maintenance practices to a predictive maintenance approach. Sophisticated insights into equipment health will also allow ADNOC to evaluate equipment overhaul extension programs, increase the availability of equipment and maximize production. Built on a scalable enterprise platform, the solution will accelerate time to value by providing ADNOC engineers with a host of embedded data science and simulation tools.

“Honeywell Forge Asset Monitor and Predictive Analytics can deliver significant OPEX cost-savings each year while optimizing CAPEX expenditure,” said Que Dallara, president and chief executive officer of Honeywell Connected Enterprise. “We look forward to ADNOC realizing these benefits after deploying this leading-edge technology. Our enterprise-grade solution provides the intelligence augmentation that business leaders rely on for quick and efficient decision making. Leaderscan now focus their resources on innovation and achieving optimal business outcomes.”

The predictive maintenance project is one of many digital transformation initiatives by ADNOC to embed cutting-edge technology across its entire value chain and deliver on its Oil & Gas 4.0 mission to stay ahead of the world’s growing demand for energy. Other digital initiatives include its Panorama Digital Command Center; smart data analytics Thamama Subsurface Collaboration Center; and the use of AI-assisted value chain modeling, rock image pattern recognition technologies, and blockchain-based hydrocarbon accounting, to name a few.

Honeywell is an established leader in digital transformation across the Middle East and globally. Through Industrial Internet of Things (IIoT) based solutions, Honeywell has enabled many of the region’s oil and gas projects to achieve improved performance and efficiency. The company’s solutions support a variety of long-term, national development and economic diversification initiatives across the Middle East and North Africa region.

Continue Reading

Conveying & Filling, Packaging, Labeling & Storage Food & Beverage News

Smart Factory Solution
Integrated asset performance and field service management

Published

on

SIG is set to deliver the first integrated APM (asset performance management) and FSM (field service management) digital solution for the food and beverage industry. (Picture: SIG)
SIG is set to deliver the first integrated APM (asset performance management) and FSM (field service management) digital solution for the food and beverage industry. (Picture: SIG)

SIG is set to deliver the first integrated APM (asset performance management) and FSM (field service management) digital solution for the food and beverage industry. Developed in partnership with GE Digital, the Plant 360 Asset Management will feature a range of on-demand digital services designed to help manufacturers reach new levels of efficiency, productivity and connectivity in their operations.

SIG Plant 360 Asset Management is being co-developed with GE Digital in response to increasing demands in the food and beverage industry, particularly the need for higher productivity, quality and uptime. With this innovative and integrated solution comprised of GE Digital’s APM and ServiceMax’s FSM software, SIG will offer state-of-the-art digital tools to help its customers boost production, reduce downtime and ensure even greater quality to meet ever-changing consumer needs.

“Equipment manufacturers like SIG are increasingly leveraging Industrial Internet of Things solutions to differentiate themselves through superior after-sales service,” said Dan Lohmeyer, SVP Digital Product Management at GE Digital. “GE Digital’s Asset Performance Management and ServiceMax’s Field Service Management software help OEMs ensure their installed base of equipment is performing optimally, and their field service resources are managed efficiently. Our integrated solution allows SIG to detect and correct potential equipment issues in advance, before they result in unplanned customer downtime, delighting end-customers through improved OEE and driving improved NPS scores for SIG.”

A modular solution for maintenance

Plant 360 Asset Management is a modular solution designed to improve filling line reliability and availability while reducing costs. The Connector module enables the collection of digital data, which is loaded into the Predix Cloud – GE Digital’s cloud platform. From here, the data can be retrieved and evaluated at any time by SIG’s reliability engineering team. This module can also be used for SIG’s other Smart Factory solution, Plant 360 Controller, which enables manufacturers to monitor, control and optimise every angle of their filling plant operations.

The Smart Maintenance module is based on a software-supported holistic process called Maintenance & Asset Data Analytics as well as an Asset Management Cockpit. This ensures customers have one data source for all maintenance-related activities. The third module is called Smart Performance and is based on Asset Health Monitoring and Predictive Asset Data Analytics, which will provide an optimal platform for predictive maintenance in the future.

Optimising assets at every stage

Together, the three modules will enable higher asset reliability and availability. The solution ensures a direct link between condition-based and predictive maintenance alerts in APM and the work being scheduled for field-service engineers in FSM. This helps translate alerts into efficient action on the ground and ensures field service teams receive as much advance notice as possible of an issue, which they can address before it impacts a customer’s operations. For example, defined wearing parts will no longer be replaced at fixed maintenance intervals. Instead, they will only be replaced when the data indicates a certain degree of wear.

“With Plant 360 Asset Management, any changes to equipment strategies – for example, changing service intervals or maintenance steps – can be quickly reflected in new FSM work,” said Klaus Andresen, Senior Vice President Global Technology at SIG. “This improves the efficiency and effectiveness of the overall SIG maintenance process. Data captured by field-service workers is immediately available for analysis by APM and the global SIG reliability engineering team, allowing us to better and more quickly detect emerging issues and trigger preventative steps.”

SIG Plant 360 Asset Management is being launched for the first time in the Middle East with Almarai, one of Saudi Arabia’s largest food and beverage producers, as start of the global rollout.

Robert Ross, Manufacturing Manager Dairy and Juice at Almarai: “Digital Solutions are vital for us to analyse exactly what is happening in our plant and going forward to produce reliably. The aspirational partnership with SIG & GE will greatly help us in root cause analysis and in providing valid answers. This will ensure reliable production and to improve our OEE. We are very proud to be an early adopter of this cutting-edge solution.”Plant 360 Asset Management is one of several value-added solutions within SIG’s Smart Factory segment, which is designed to help manufacturers meet the challenge of increasing output and driving down costs in today’s competitive environment. The solution-driven Smart Factory platform aims to deliver IoT-enabled systems and technical services that transform filling plants into connected factories that offer the highest efficiency, flexibility and quality.

Continue Reading

News

Honeywell as main contractor
Automation for the middle east’s integrated refinery complex

Published

on

Kipic selects honeywell as main automation contractor for the middle east's largest integrated refinery complex
Picture: Honeywell

Honeywell announced that Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions (HPS) to be the main automation contractor for its new Petrochemicals and Refinery Integration Al Zour Project (PRIZe). Under the agreement, HPS will provide KIPIC with front-end engineering design and advanced process control technology for the complex, which will help KIPIC expedite production start-up and assist with reaching production targets faster and more efficiently.

The PRIZe project will become the first integrated refining and petrochemicals complex in Kuwait. The new facility – developed as part of the Al-Zour Complex – will significantly enhance Kuwait’s domestic petrochemicals, aromatics and gasoline manufacturing capabilities.

“The PRIZe project will revolutionize Kuwait’s domestic production capabilities, helping KIPIC meet the increasing demand for fuels and petrochemical products within the country,” said Hatem Al-Awadi, acting chief executive officer, KIPIC. “With Honeywell’s support, we are building a strategic project that will transform Kuwait’s domestic oil and gas market, and provide a significant accelerator for the country’s long-term economic development by improving gasoline and benzene supply to the local and international markets.”

Honeywell UOP also was awarded a contract with KIPIC earlier this year for modernization of the Al Zour complex. Honeywell UOP will revise the configuration and capacity of the refinery’s gasoline production facilities and supply technology licenses, design services, key equipment, and state-of-the-art catalysts and adsorbents to produce clean-burning fuels, paraxylene, propylene, and other petrochemicals.

Honeywell has been in Kuwait for more than 50 years. Honeywell supports Kuwait’s energy industries through cutting-edge technologies, efficient business solutions, local training, research and development initiatives. Honeywell is the first company to build “Made in Kuwait” solutions to power digital transformation across the country’s growing oil, gas and petrochemical sectors. The company also operates the Honeywell Automation College in Mina Abdullah, which delivers global training capabilities locally through more than 300 courses specifically designed to address the requirements of Kuwait’s power and water, oil and gas and automation industries.

“Honeywell has a long history of successfully delivering world-class automation solutions to the oil downstream industries in Kuwait, and this new agreement highlights the trust our customers have in our technologies,” said Rachad Abdallah, president for Honeywell in Kuwait. “At the integrated refining and petrochemicals complex at Al-Zour, we are leveraging our experience and technologies to help develop one of the most ambitious initiatives in the region. This project will help transform Kuwait into a pioneering manufacturer in the downstream oil and gas industry.” KIPIC is a subsidiary of Kuwait Petroleum Corporation (KPC) set up by the State of Kuwait to manage refinery, petrochemicals and LNG import operations at the Al-Zour complex.

Continue Reading