Petrochemicals

Applying Sigmafine at chemical sites to improve operations

Sigmafine provides a state-of-the-art data validation and reconciliation platform that relates raw process data, material transactions, and business data in one model constrained by first principles equations.

chemicals

A refined, consistent, and accurate set of data that supports informed decision processes

The petrochemical industry produces most of the commodities required by large market sectors such as agriculture, packaging, construction, automotive, and more. While population growth and global GDP are currently increasing demand, several factors (e.g. the political landscape, oil price fluctuations, feedstock availability, and environmental laws) are requiring chemical plants to make decisions more thoughtfully than ever before. Those decisions require chemical plants to be armed with accurate, consistent, accessible data – all made possible by Sigmafine.

production accounting

Production Accounting

Validated and reconciled data is combined with material information to provide production and consumption reports, inventory stocks, site balance by material, and plant/process unit yields.

material exchange

Intercompany Material Exchanges

Modeling all intracompany and intercompany material transfers, flow meter data, and inventory measurements to provide the ERP system a consistent, daily balance of all productions and consumptions.

energy management

Near Real-Time Energy Management

KPIs such as efficiencies, process duties, energy consumption, heat loss, and flaring estimation help expedite reaction time and improve process operations.

compliance

Compliance Reporting

A single source of truth, allowing users to automatically transfer data to business systems and databases.

composition-tracking

Composition Tracking

Up-to-date estimates of materials stocked in inventories or fed to process units. Estimates can be calculated daily or even hourly, empowering operations teams to fix production deviations quickly.

quality tracking

Quality Tracking

Quality tracking analysis provides an additional estimate of the physical properties of mixtures (e.g. density, viscosity, flash point, and sulphur content) that are stored in inventories or fed to the process units.

Supported Applications

Improved data quality in the chemicals industry is primarily associated with:

  • Validating and automating production accounting
  • Validating auditable estimates of raw materials, intermediates, and product inventories
  • Validating KPIs for improved process control and system optimization

The Benefits of Improved Data Quality

Improved data quality in the chemicals industry is primarily associated with:

  • Validating and automating production accounting
  • Validating auditable estimates of raw materials, intermediates, and product inventories
  • Validating KPIs for improved process control and system optimization

The Business Impact of Implementing Sigmafine

Customers who have implemented Sigmafine have achieved:

  • Daily production accounting automation
  • Equipment and Site-wide performance monitoring
  • Yield accounting
  • Loss monitoring
  • Results distribution throughout the organization
  • Improved production planning and logistics

On top of delivering these benefits that drive operational excellence, it’s been estimated that Sigmafine has a payback period of less than 6 months – a critical value proposition for customers who are tightening resources to stay competitive.

Sigmafine References in Chemicals

ENI

Customer: ENI Versallis

Abstract: Learn how ENI Versalies uses Sigmafine mass balance, quality tracking, and integration framework to plan and optimize selling and shipping activities, monitor plant efficiencies, and perform accurate daily consumption and inventory declarations in SAP

Used for: Supply chain & logistic optimization, production accounting, and equipment monitoring (via validated efficiencies)

Benefit: Automatic plant/production/yield accounting and inventory; systems integration; corrected production performance calculation; automatic daily monitoring or qualities of inventories; production performance

MES Project Quality Tracking

Dow

Customer: Dow Corning

Abstract: Learn how the conglomerate Dow Corning uses Sigmafine to completely automate daily production accounting through SAP validation and posting.

Used for: Production accounting and automatic validation and posting to SAP

Benefit: Automatic production accounting and inventory validation; full integration of the production accounting system in to SAP

Learn More

OSIsoft

Customer: Olefin Plants

Abstract: : Explore how large-scale Olefins sites tackle accurate asset performance simultaneously with corporate-level production accounting using Sigmafine and its thermodynamic extension, configured to perform coupled mass and energy balance.

Used for: Performance monitoring, real-time validated KPIs, loss monitoring (mass and energy). and unmeasured flow estimation

Benefit: Plant capacity maximization; transparent energy management of furnace, crackers and power generation

Learn More

Resources

performance-monitoring-chemicAALS

Webinar: Model Based Performance Monitoring for Chemical Process Plants

Discover how Sigmafine energy balance can improve the monitoring of the most energy consuming equipment

This webinar discusses how Sigmafine energy balancing powered by its thermodynamic extension supports accurate performance monitoring of equipment and energy networks (steam, fuel gas, etc.).

View Presentation

chemicasls-webinar-social

Webinar: Advanced Analytics for Chemical Supply Chain

Discover how Pimsoft improves operations by giving you the insight into your plant’s data for improved planning, operations and traceability

This webinar will discuss how Sigmafine balancing & tracking applications help you get the most out of your data in your chemical process plants and use cases will be presented to demonstrate the effectiveness.

View Presentation

Petrochemicals

Applying Sigmafine at chemical sites to improve operations

Sigmafine provides a state-of-the-art data validation and reconciliation platform that relates raw process data, material transactions, and business data in one model constrained by first principles equations.

Marco Lanteri

Marco Lanteri
Industry Principal for Petrochemicals
Pimsoft, S.p.A.
Milan

Americas & APAC

Pimsoft Inc.
757 N. Eldridge Parkway, Suite 725
Houston, TX, 77079,  USA

Phone: +1 (281) 920-9196
Fax: +1 (281) 754-4421

EMEA

Pimsoft S.p.A.
Corso Stati Uniti, 35
10129 Turin, ITALY

Phone: +39 011 5625213
Fax: +39 011 5637744

© 2021 Pimsoft. All rights reserved. Sigmafine®, SigmafineHub®, and SigmafineVisualizer®are registered trademarks of Pimsoft. All other trademarks or trade names used are the property of their respective owners.

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