Today, Yokogawa announced a partnership with SABIC (Saudi Basic Industries Corporation) for "co-innovation" in petrochemical industries. No minimum order quantity. The strategic agreement involves an approximately 10 million euro investment by Yokogawa to acquire newly issued shares of AlgaEnergy, making the Japanese company a reference shareholder.The names of corporations, organizations, and products herein are either trademarks or registered trademarks of their respective holders.Augusto Rodríguez-Villa, AlgaEnergy’s president, highlighted that, “This agreement is the best possible partnership in the journey to achieve our mission to leverage the potential of microalgae worldwide. Live chat with technical experts . © 2020 Financial Post, a division of Postmedia Network Inc. All rights reserved. Brand: YOKOGAWA … The North American biennial conference and exhibition provides an unparalleled opportunity for Yokogawa customers to network with fellow professionals, industry and business leaders, as well as numerous product and solutions experts.
Register for the Yokogawa TÜV Rheinland Functional Safety courses and enhance your knowledge and awareness of safety systems now. Share this Story: AlgaEnergy and Yokogawa Sign Strategic Partnership & Equity Agreement to Accelerate Growth of the Microalgae Biotech Sector. The two companies, which share strong synergies and a common vision, seek to build an industry-leading partnership in the microalgae biotechnology sector worldwide by collaborating in the areas of R&D, manufacturing, marketing, and sales. Over 600,000 products available. Places allows you to see where your friends are and share your location in the real world. Share your perspective on this news in the comments below.Part of resource optimization that Yokogawa has been pursuing has been preventative maintenance, both time-based maintenance (TBM) and condition-based maintenance (CBM), which can reduce downtime and maintenance costs.Other companies that have worked with Yokogawa with these systems include Nippon Petrochemicals, CNOOC Limited, and Shell Norco.Yokogawa offers several products and solutions for petrochemical applications: Hassle-free delivery . View online or download Yokogawa EXAxt 450 User Manual. Manuals; Brands; YOKOGAWA Manuals; Media Converter; EXAxt 450; YOKOGAWA EXAxt 450 Manuals Manuals and User Guides for YOKOGAWA EXAxt 450. YOKOGAWA ` Why Choose element14. It is currently operating a commercial production facility in the south of Spain, and, in late 2015, launched the world’s first line-up of microalgae-based biostimulant* products to promote efficient crop cultivation. This is our first serious foray into clean technology in the bioeconomy, which was recently added as a new focus area in our long-term business framework, so we have high expectations for this exciting strategic partnership.”Yokogawa is investing 10 million euros into AlgaEnergy, a Spanish biotech company specializing in the production & usage of microalgae.
Part of this initiative has been to establish an all-female engineering team to support female employment in Saudi Arabia.Additionally, one of the goals of the partnership is to co-innovate digital controls technology and, in particular, energy optimization programs for sustainable industry.Yokogawa presents each of these products with an emphasis on reliability, low maintenance, and "smart" capabilities such as self-diagnosis (wherein an end-node field instrument may report its own failure and analyze the cause). Do you have personal experience with designing control systems for petrochemical applications? Sign In.