Yokogawa Solutions Selected as Finalists for Hydrocarbon Processing Fourth Annual Awards

Houston, Texas – August 6, 2020

Yokogawa is pleased to announce that products and solutions that typify digital transformation and sustainability, have been recognized as category finalists by Hydrocarbon Processing, the downstream sector's leading technical publication, for its fourth annual awards ceremony.

Yokogawa is driving digital transformation in the process industries to achieve our social mission of contributing to society. Our sustainability goals for the year 2050--achieving net-zero emissions, transitioning to a circular economy, and ensuring the well-being of all; thus, making the world better for future generations--share much in common with many industry companies.

The board selected Yokogawa as a finalist in the following five categories:

BEST ASSET MONITORING TECHNOLOGY: Yokogawa’s Sushi Sensor with advanced AI analytics provides an IIoT Plant Asset Management (PAM) Solution for Vibration Monitoring to detect early equipment anomalies. This allows plant operators to preempt costly downtime and the wireless sensing eliminates manual inspection rounds, thus improving plant efficiency, reliability and safety. Click here for more information.

BEST DIGITAL TWIN TECHNOLOGY: Petro-SIM® Digital Twin for Unit Performance Monitoring is an end-to-end integrated asset model for production management, asset performance management, and supply chain optimization that allows users across a variety of sectors to enhance the value and extend the life of their simulation models. Click here for more information.

BEST HEALTH, SAFETY OR ENVIRONMENTAL CONTRIBUTION: Digital Risk Management bridges the gap between process safety and operations. Enabling users to understand the risk impact of anything that is safety critical, allows them to make more informed business decisions and provide sustainable safety. Click here for more information.

BEST PROCESS CONTROLS - AUTOMATION TECHNOLOGY: Dynamic Real Time Optimizer (RT-OP) uses a combination of first principles simulation and multivariable predictive control technology, that enables plants to quickly respond to dynamically changing market conditions and improve both productivity and profitability. Click here for more information.

BEST PROCESS – PLANT OPTIMIZATION: Plant Resource Manager (PRM) is a predictive asset management solution that centrally manages status and maintenance information in high volume from automation and production assets, in order to enable significant cost savings through improved maintenance efficiency. Click here for more information.

Yokogawa is proud of the recognition from an industry institution of Hydrocarbon Processing's stature. We are dedicated to continuing to co-innovate and develop technologies that will improve our planet and benefit future generations. For further information, please see https://www.yokogawa.com/special/planet/.