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TOKYO–(BUSINESS WIRE)–Yokogawa Electric Corporation (TOKYO:6841) announces that it has completed the acquisition of Soteica Visual Mesa (SVM), a leading energy management technology provider, further delivering on a number of key objectives of Yokogawa’s Transformation 2017 mid-term business plan, namely, expansion of Yokogawa’s advanced solution business, focusing on customers and creating new value.

This announcement marks completion of the SVM acquisition as a wholly-owned subsidiary and initiation of the integration of SVM and the cloud-based Data-as-a-Service (DaaS) provider Industrial Knowledge (IK) into KBC Advanced Technologies (KBC), which was acquired by Yokogawa in April 2016. The IK business unit was established to enhance the cloud-based advanced solution business based on the technology of Industrial Evolution (IE), which was acquired by Yokogawa in December 2015. A pioneer in the use of cloud-based solutions in the process industries, IE developed a market-leading real-time DaaS solution that is deployed at many of the world’s major energy and chemical companies.

Yokogawa’s acquisition of SVM follows an earlier minority equity investment in SVM made in December 2012. SVM has a solid track record in the energy management solutions (EMS) field, and provides production accounting and scheduling solutions to the refining industry.

After acquiring KBC, Yokogawa formed a post-merger integration team that has been charged with the task of identifying various measures and setups that will create synergy and derive maximum benefit from the integration of the companies’ operations, and thereby enhance our ability to offer new value to our customers. As a result of their deliberations, Yokogawa has decided to integrate the operations of Soteica, a leading company in the EMS field, and Industrial Knowledge, a business unit with expertise in advanced cloud solutions, with those of KBC.

By leveraging KBC’s premier energy consulting and Visual Mesa, SVM’s best-in-class real-time energy optimization technology, it is anticipated that the combined entity will be able to expand its position in the rapidly growing EMS market in the process industries.

In the immediate term, SVM’s advanced Visual Mesa utility optimization software combined with KBC’s premium energy consultancy will provide comprehensive and best-in-class energy management solutions, underpinned by leading technologies and human performance improvement. Over the longer term, this acquisition supports KBC’s vision of seamlessly integrating utility system and supply chain optimization into KBC’s industry-leading process simulation platform for hydrocarbon processing facilities, Petro-SIMTM.

KBC, SVM, and IK will be led by KBC Chief Executive Officer, Andy Howell, and will be integrated under the KBC brand. This will significantly enhance KBC’s solutions portfolio and the energy management solutions business, enhance KBC’s ability to develop new cloud-based services, and accelerate KBC’s efforts to create and sustain new value for customers.

This acquisition and integration of these businesses into KBC is fully aligned with KBC’s mission to make and keep its clients world-class in terms of operational excellence and profitability through the actions of its people and the application of its technology. These actions also materially accelerate delivery of KBC’s vision of becoming the No.1 trusted advisor in the energy and chemical industries, delivering best-in-class operating performance to its clients.

Regarding the acquisition and integration of these businesses, Satoru Kurosu, executive vice president and head of Yokogawa’s Solutions Service Business Headquarters, commented: “Key strategic objectives of Yokogawa’s Transformation 2017 plan are to expand the solution service business, focus on customers, and co-create new value with customers through innovative technologies and services. By integrating SVM and IK with KBC, we will bring together deep and rich business, process, and operational domain knowledge across the energy and chemicals sectors, and will connect this with the cloud-based, real-time representation of plant, business, and supply chain operations to identify and implement solutions that will sustain and continuously improve performance. The benefit to our customers is unprecedented.”

Oscar Santollani, founder of SVM, commented: “We are delighted to have been acquired by Yokogawa and in doing so, unite our Visual Mesa real-time energy optimization and production accounting and scheduling technologies with KBC’s industry-leading energy and supply chain consulting practices. Furthermore, the progressive DaaS capabilities of IK enhance our offerings and enable us to be more innovative, disruptive, and agile by leveraging the cloud in delivery of solutions and sustainability services. This is the future.”

Simon Wright, founder of Industrial Evolution, commented: “The unique capabilities of these combined organizations and their respective offerings mean that for the first time customers can be confident that the investments they make today will pay off now and for the long term. We have provided real-time data as a cloud service for over 15 years. The cloud-enablement of SVM’s solutions and KBC’s energy and supply chain consulting services is a very attractive proposition for any asset owner or operator.”

Andy Howell, chief executive officer of KBC, commented: “At KBC, we holistically harness people, processes, and technology to deliver a sustainable competitive advantage to our clients. We are all about helping and empowering our clients to meet their business goals. Imagine having expertise that was previously only available on an occasional basis, continuously unleashed in an unprecedented yet very tangible way by harnessing our technologies and those of Yokogawa with a state-of-the-art yet proven cloud service model. Not only that, but new possibilities such as continuous model updating, mobile delivery, and seamless hand-off between rigorous simulation and big data analytics are also truly exciting.”

About Yokogawa:

Yokogawa’s global network of 92 companies spans 59 countries. Founded in 1915, the US$3.7 billion company engages in cutting-edge research and innovation. Yokogawa is active in industrial automation and control. This segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food. For more information about Yokogawa, please visit www.yokogawa.com.

For more information about KBC:
http://www.kbcat.com/

Contacts

Yokogawa Electric Corporation
Corporate Communications Department
Yokogawa-pr@ml.jp.yokogawa.com

We proudly announce that PhD. Carlos A. Ruiz, Director of Energy Management Systems at Soteica VisualMESA, has been invited to make a presentation at the ceremony commemorating the  Chemical Engineer´s day to be held on July 1st, at the Facultad de Ingeniería Química of the Universidad Nacional del Litoral, Santa Fe, Argentina.

FIQ

The Facultad de Ingeniería Química at UNL commemorate 95 years of the beginning of  the first classes and celebrate the Chemical Engineer’s Day.

For more information about this, please click here.

 

Energy Consumption Visibility Is First Step to Savings
Rigorous Models, Complete with Equipment Limitations and Emissions Constraints, Help Users Optimize Energy Costs

Jim Montague posted this new  article at www.control.com

ControlMontague

 

Refineries Get Back on Track to Save Energy
Visual MESA Systems Empower Improved Operational Efficiencies in Real Time.
Read the new article that Paul Studebaker , editor in chief at www.controlglobal.com posted here.

ControlStudebaker

Yokogawa Electric Corporation announces the November release of Energy Performance Analytics (EP-Analytics), a software tool that uses energy performance indicators (EnPI) to track how energy is being consumed in a plant, identifies gaps between EnPI targets and actual performance, and helps to identify countermeasures to improve energy performance.

The EP-Analytics software is powered by the Visual MESA™ energy management and optimization solution.

Click here to read the complete Press Release.

 

ProductionSupervisor+VisualMESA

A new article was published in Petroleum Technology Quarterly, April 2014

KNPC Mina Al-Ahmadi refinery increases energy efficiency and energy costs reduction through the implementation of a real-time online energy management system.

Real Time Online Energy Management. Creating a model of a refinery energy system validated with real time data increased energy efficiency and reduced total energy costs.

Written by:

MOHAMMAD ERSHAID KNPC Mina Al-Ahmadi Refinery

CARLOS RUIZ, DIEGO RUIZ and NICOLÁS VISUARA Soteica Visual MESA

DHANASEKAR PERIYASAMI EBS

 

It is Kuwait Petroleum Company (KPC) and its Subsidiaries policy to ensure that all energy will be managed in accordance with best engineering environmental practices and within regulatory compliance at all times. All operations must be committed to institute an energy efficiency program and minimize the emissions of pollutants including global warming gases. As part of the activities to follow those premises, energy management cells (EMCs), have been formed at each of the Kuwait National Petroleum Company (KNPC) refineries: Mina Al-Ahmadi (MAA), Shuaiba (SHU) and Mina Abdulla (MAB). Such cells implemented an energy management program based on best international practices and on real-time online optimization. This paper describes the tasks performed to develop and implement real-time, online model for the KNPC MAA refinery energy cost minimization and energy management.

LARTC 3rd Annual Meeting

Soteica Visual MESA will be participating of the 3rd ERTC Latin American Conference, April 9th and 10th, in Cancun, Mexico.

We will be presenting the paper: “Real Time Energy Management at YPF Ensenada Refinery and Petrochemical Complex

This paper covers the following main points:

– Update of the Visual MESA Sitewide Real Time Energy Management and Optimization model (incorporation of new plants and additional new steam pressure level)
– Generation of multi-level Energy KPIs (operation, supervisor, management)
– What-if studies for planning and engineering

If you are planning to participate of the conference and/or you are interested in energy cost reduction and efficiency improvement, please contact us.

Soteica Visual MESA and KNPC present: “Real time online energy management at KNPC Mina Al-Ahmadi refinery”, at 18th ERTC Annual Meeting 2013, Nov 19-21th, Budapest.
2013-11-04 10_50_37-Home - ERTC 18th Annual Meeting
The main aspects to be presented are:
– One of the world’s modern refineries in terms of both refining capacity, which exceeds 460,000 bpd and the advanced technology it employs
– Many challenges to operate the energy system including trade-offs among electrical system, steam and fuels networks
– Achieved reduction in energy cost and CO2 emissions using Visual MESA system
Soteica Visual MESA sponsors 18th ERTC Annual Meeting 2013 and will have a display area there.
Visit us so that we can discuss how Soteica Visual MESA can help you and your company to reduce energy costs and improve energy efficiency.
For more information regarding this event, please visit this link

Sebastián Cúneo, Sales Director, will present  “Real Time Online Energy Management at KNPC Refineries” at the KOGS, Kuwait Oil & Gas Show and Conference.

KOGS to be held in Kuwait from 7-10 Oct 2013.

2013-10-08 11_49_37-KOGS 2013 _ 7 – 10 October 2013 _ Kuwait Oil and Gas Show 2013
Real Time Online Energy Management at KNPC Refineries” by Mohammad Ershaid, Ahmad Al-Tarkeet (KNPC Mina Al-Ahmadi Refinery),  Jamilah Al-Mutairi (KNPC Mina Abdullah Refinery),  Salwa Al-Anezi (KNPC Shuaiba Refinery), Dhanasekar Periyasamy (EBS),  Carlos Ruiz, Diego Ruiz, Oscar Santollani, Sebastian Cuneo (Soteica Visual MESA).

 

 

Tyler Reitmeier, Director of Sales at Soteica Visual MESA LLC, will present “Driving Sustainable Savings in Utility Operations through a Site-wide Energy Model” at the Texas Industrial Energy Management Forum, AIChe.

Texas Industrial Energy Management Forum
Presented at the 2013 AIChE Southwest Process Technology Conference
Oct. 3, 2013 9:30 am – Noon
Moody Gardens Convention Center, Galveston, Texas
Registration open at http://www.aiche.org/conferences/regional-process-technology-conference/2013

2013-09-11 17_57_47-texasiof.ceer.utexas.edu_PDF_Meetings_2013_External Program 2013 AICHE.pdf