Home / Knowledge / News / Textiles / GE, Toyo to find digital solutions for petrochem industry
GE, Toyo to find digital solutions for petrochem industry
Dec '16
General Electric Company (GE) and Toyo Engineering Corporation have signed a memorandum of understanding (MoU) for a joint project to explore digital solutions for the petrochemicals industry. GE has experience in providing asset reliability solutions across the oil & gas segments, while Toyo has expertise on processes and plant operations as EPC contractor.

As per the MoU, GE and Toyo will jointly work to evaluate, define and confirm the technical and economic feasibility of the deploying of GE Predix, a unique cloud-based platform built exclusively for industry, and Asset Performance Management (APM) software, to implement specific solutions for pre-FEED, FEED, EPC, commissioning, operation and maintenance phases of petrochemical and fertiliser facilities.

GE provides asset reliability solutions across around the world, through advanced sensors, combination of data driven and physic based analytics, and troubleshooting expertise. Toyo brings its complementary expertise on processes and plant operations as EPC contractor of fertiliser and petrochemicals plants and as licensor of urea synthesis and granulation technologies. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Pexels

Textiles | On 17th Jul 2018

Trade wars could depress medium-term growth prospects: IMF

The recently announced and anticipated tariff increases by the US and ...

Courtesy: Mat Brown from Pexels

Textiles | On 17th Jul 2018

India increases import duties on textiles & apparel

The Government of India has increased basic customs duty on several...

Luis Quijano

Textiles | On 17th Jul 2018

US varsity student cultivates bacterial cellulose in lab

Luis Quijano, a student at the Liberty University in Lynchburg,...

Interviews View All

Deepak Jain

We are using Facebook and Instagram to promote ourselves

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search