NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Yokogawa Electric Corporation
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Yokogawa Signs Investment and Collaboration Agreements with Fluence Analytics - Accelerating adoption in the chemical industry of the world's only system capable of continuous online monitoring of polymerization reactions - FluenceAnalytics.com / Yokogawa.com
Yokogawa Signs Investment and Collaboration Agreements with Fluence Analytics

 

NewswireToday - /newswire/ - Tokyo, Japan, 2021/08/17 - Accelerating adoption in the chemical industry of the world's only system capable of continuous online monitoring of polymerization reactions - FluenceAnalytics.com / Yokogawa.com. TOKYO: 6841

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Yokogawa Electric Corporation announces that it has agreed to invest in Fluence Analytics, Inc., a US-based startup that provides combined hardware and software analytics solutions to polymer manufacturers. Additionally, the companies agreed to a global strategic business partnership for sales and deployment of new high-end models of the automatic continuous online monitoring of polymerization (ACOMP) system from Fluence Analytics. Under the terms of the collaboration agreement, Yokogawa Electric will commence customer trials with existing ACOMP models by the end of 2021, and will have exclusive or co-exclusive sales rights for the new models that will be launched in the future. The company will also handle engineering and all other system integration tasks and provide after-sales field services for its customers in the chemical industry.

As a general practice, in the manufacturing operation, the chemical industry relies on the analysis of polymerization reactions*1 at specific intervals to control the polymerization process. Typically, samples are manually extracted from the reactor and transported to a laboratory for analysis, an offline process that can take up to 5 hours to complete for a single datapoint. The time required for the analysis limits the ability to optimally control the reaction timing and maintain stable product quality. The safety of the technicians responsible for the manual extraction and transport of samples is also a concern.

ACOMP is currently the only system on the market with the online capability to continuously extract and analyze important aspects (viscosity, molecular weight, monomer concentration, solute concentration, etc.) of polymerization processes that produce plastics, rubber, paint, and other products. As evidenced by customers, this realtime monitoring of polymerization processes enables optimizations to be performed that enhance safety, quality, and yield as well as operational efficiency. Significant cost savings have also been observed.

Kenji Hasegawa, a Yokogawa Electric vice president and head of the Yokogawa Products Headquarters, commented,“We have been supporting the petrochemical industry through the provision of measurement and control solutions. By cooperating with Fluence Analytics, we will be able to offer additional value in polymerization processes. We look forward to providing our customers with these new systems, which, in addition to benefiting health, safety, and the environment, will enable the reduction of cycle time, eliminate the production of off-spec products, and produce an estimated US$1.5 million in cost savings per year based on average reactor size.”

“Our team is very excited to add Yokogawa Electric as a strategic partner and investor. Yokogawa's global leadership in measurement and process control technologies will be a major asset, enabling us to scale up operations, augment field engineering efforts, and expand our installed base throughout the world,” said Alex Reed, CEO of Fluence Analytics. “We look forward to working with Yokogawa as we continue optimizing polymerization processes and improving product quality, consistency, and yields for polymer manufacturers.”

*1 The combination of small molecules, called monomers, to form larger molecules (polymers)

About Fluence Analytics, Inc.

Fluence Analytics (fluenceanalytics.com) delivers realtime industrial and laboratory analytics solutions to polymer manufacturers. The realtime data streams that are generated by the company's products provide novel insights into material properties. This enables customers to optimize and control polymerization processes leading to greater yields, improved product quality, and reduced cycle times. Current investors include Energy Innovation Capital, a premier energy technology venture firm, Diamond Edge Ventures (CVC arm of Mitsubishi Chemical Holdings Corporation), JSR Corporation, and Yokogawa Electric Corporation.

About Yokogawa

Yokogawa (yokogawa.com) provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals, and food. Yokogawa addresses customer issues regarding the optimization of production, assets, and the supply chain with the effective application of digital technologies, enabling the transition to autonomous operations.

Founded in Tokyo in 1915, Yokogawa continues to work toward a sustainable society through its 17,500 employees in a global network of 119 companies spanning 61 countries.

The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Fluence Analytics Inc., Yokogawa Electric Corporation, or their respective holders.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Yokogawa Electric Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Yokogawa Signs Investment and Collaboration Agreements with Fluence Analytics

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Press Office - Yokogawa.com 
+81 422-52-5535 press[.]yokogawa.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Yokogawa Electric Corporation securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing / Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Yokogawa Electric Corporation / Company Profile


Read Manufacturing / Robotics Most Recent Related Newswires:

BASF and SVOLT Form Partnership to Advance Battery Materials Development and Battery Recycling Solutions Globally
BASF and KIT Join Forces in Public Funded Project to Investigate Opportunities of Multilayered Anodes for Lithium-ion Batteries
LANXESS Expands Production Capacities in Asia
BASF Scientists Provide Insights into Latest R&D Projects At IFSCC Conference
The Theme of BASF’s 2021-2022 Automotive Color Trends Collection
MM Board & Paper Invests in ABB’s Next Generation L&W Autoline for Europe’s Highest Production Cartonboard Mill
TerraGloss Coating on Hard Calender Roll At Lenzing Papier in Austria in Use for more than 24 Months
bp and LANXESS Join Forces on Renewable Raw Materials for Plastics Production
BASF PETRONAS Chemicals Increases Production Capacity for 2-Ethylhexanoic Acid in Kuantan, Malaysia
LANXESS Introduces New Unreinforced Polyamide 6 Compound with Outstanding Flame Resistance
Nexans’ Groundbreaking Deep-water High Voltage Dynamic Cable Selected for Jansz-Io Compression Project, Paving the Way for Future Offshore Innovation
KRAIBURG TPE Americas Introduces its TPEs with Superior Flow Properties for Automotive Interior Applications
Donaldson Company Recognized by Frost & Sullivan for Improving Fleet Efficiency with its Connected Filtration Products
LANXESS Launches Full Biocomposite
BASF Introduces Enable™ FCC Additive for Superior Performance in Emissions and Regenerator Afterburn Control

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  RightITnow, Inc.





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)