- First industrial application of ABB Asset Performance Management solution in China
- Allows facility operators to move from a reactive to proactive approach to maintenance, reducing costs and increasing uptime
- Data mining and analysis will help Sinopec attain its energy efficiency goals
ABB Power Grids will partner with Sinopec Corp., China’s largest oil and petrochemical producer and provider, to improve energy efficiency with ABB’s Asset Performance Management (APM) solution. The digital software will leverage the industrial’s big data to drive more intelligent approaches to asset management, and further support the enterprise to make data-driven decisions on optimizing energy consumption.
This predictive maintenance software solution will enable Qingdao Refining and Chemical Co., Ltd., a holding company of Sinopec, to closely monitor the health of its critical power assets. The solution will capture real-time asset operation data, allowing plant operators a “bird’s eye view” of their facility assets and the tools to move from a reactive to a proactive approach to asset maintenance planning, which can result in decreased equipment failure and reduced maintenance and energy consumption cost.
Sinopec announced a plan in 2014 to double its energy efficiency from the current level by 2025. As one of the company’s key science and technology projects, it’s estimated that ABB’s APM solution will optimize energy efficiency performance by 1.5% after delivery.
"This is the first time for our asset performance management solution will be by an industrial customer in China. We are very pleased to see the role it will play in supporting Sinopec's energy efficiency plan,” said Zhang Jinquan, Senior Vice President of ABB Group and Head of Greater China Region, ABB Power Grids business. “The solution is also well positioned to support the development of the Industrial Internet under China’s new infrastructure investment plan and promote the deep integration of digital technology and traditional industry companies. ”
ABB’s APM solution has gained rich application experiences in global power and industrial fields and has helped customers from multiple industries save millions of dollars every year. In China, the digital technology has helped China’s State Grid, Southern Grid and Inner-Mongolia Grid in optimizing asset utilization, and increasing operation efficiency and asset service life.
ABB Power Grids is a global leader and pioneer in power technologies. We create value for customers across the energy, industrial, transportation and infrastructure sectors, delivering an extensive range of digitally-advanced solutions. Active in 90+ countries, our experts contribute deep insight that enhances reliability, efficiency and safety. Together, we are committed to shaping the future of sustainable energy for generations to come, as the partner of choice for a stronger, smarter and greener grid. www.abb.com/grid
ABB (ABBN: SIX Swiss Ex) is a technology leader that is driving the digital transformation of industries. With a history of innovation spanning more than 130 years, ABB has four customer-focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. ABB’s Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 144,000 employees. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with near 20,000 employ-ees located in more than 130 cities, 44 local companies, and online and offline channels across around 700 cities. http://new.abb.com/cn
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