1999 Press Releases-06
Tokyo, Japan -
October 5, 1999
Yokogawa is in the final stages of forming an alliance with Shell Global Solutions in the advanced process control system business
Yokogawa Electric Corporation (headquarters: 2-9-32 Nakacho, Musashino-shi, Tokyo 180-8750, Japan; president: Isao Uchida; capital: 32.306 billion yen) is in the final stages of forming an alliance in the field of advanced process control technology for operations at petroleum, petrochemical and chemical plants, with Shell, one of the petroleum majors. Under the agreement, Yokogawa will be able to market the advanced process control software tools and engineering technology developed by Shell for operations at petroleum and gas plants around the world, through Yokogawa's global distribution channels to the world market. Outline of Alliance
This time Yokogawa is in the process of forming an alliance in the field of the advanced control business field with Shell, one of the petroleum majors, which has know-how accumulated through many years of having an outstanding track record in the application of advanced control engineering as well as advanced process control software tools and engineering technology developed for operations at its own petroleum and gas plants throughout the world.
Shell Global Solutions has the advanced process control software package tool SMOC. Shell Group, which is making use of the SMOC software for operations at its own petroleum and gas plants throughout the world and has know-how accumulated through a long outstanding track record in this business field, has not supplied the software and engineering technology to plants other their operating companies.
Under this agreement, Yokogawa will be able to obtain Shell's know-how of both the advanced process control software SMOC and engineering technology, and market this software and other know-how as a package through Yokogawa's global distribution channels. This SMOC package and engineering technology will become a powerful business tool for Yokogawa to expand its own control system business to the world market.
This alliance will allow Yokogawa to cement its position in the world's plant control system market and will help it to advance one step further forward in its solutions business which is promoted under Yokogawa's concept of Enterprise Technology Solutions (ETS).
In the future Yokogawa and Shell Global Solutions plan to work together in the global market of this business field, including joint development of advanced process control software.
Yokogawa's global network of 19 manufacturing facilities and 89 companies spans 32 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 7,500 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa.
For more information about Yokogawa, please visit our web site at www.yokogawa.com.