According to the company’s website press release on December 20, 2022, Taiyo Oil Company, Limited (Taiyo Oil) is pleased to announce that it achieved stabilizing catalyst conversion by reducing the deviation between the targeted value and measured value of catalyst conversion at the RFCC unit by 20% utilizing Chiyoda Corporation’s (Chiyoda, TSE:6366; ISIN: JP3528600004) EFEXIS® FCC AI Optimizer® (FCC AIO®).
Taiyo Oil is advancing smart factory initiatives at Shikoku operations and further maximizing its profits through productivity increases. Chiyoda’s support of Taiyo Oil’s smart factory initiative is improving the plant’s competitiveness and safety.
Service Outline
Solution Name：EFEXIS® FCC AI Optimizer® (FCC AIO®).
Target Device: RFCC Unit
Start Date： April 1, 2021
Purpose ： To maximize profits through increasing productivity by achieving advanced optimization of equipment operation and yield improvement.
Background：Taiyo Oil is advancing smart factory initiatives at Shikoku operations by utilizing "smart operation management", "smart maintenance management", "smart environment management", and "smart production management and quality management" to achieve world-class competitiveness and safety in Asia. In addition, Taiyo Oil has concluded that smart factory solutions are instrumental in solving issues in Shikoku operations such as unplanned maintenance slowdowns during operation and technology transfer from a senior operator to a junior operator.
Achievement
Before installing the FCC AIO®, operators calculated the fresh catalyst addition rate using an empirical equation based on the measured data of catalyst conversion from the previous two-weeks. After installation, FCC AIO® enabled the real-time prediction of catalyst conversion by utilizing Artificial Intelligence (AI) incorporating the data including past measured data and current characteristics of crude oil data as inputs, thus contributing to the optimization of fresh catalyst consumption.
As a result of one year of operation beginning April 2021, the deviation between the measured data and the targeted catalyst conversion rate is reduced by 20% compared to before the installation, and the stabilization of catalyst conversion has been achieved.
About Taiyo Oil
Headquarters : 15F Hibiya Kokusai Bldg., 2-2-3 Uchisaiwai-cho, Chiyoda-ku, Tokyo,
Japan
Main Business :
- Import, export, refining, and marketing of petroleum products.
- Manufacturing, processing, and sales of petrochemical-based products, including benzene and xylene.
Representative : Mr. Yutaka Oka, President & CEO
About Chiyoda
Headquarters : 4-6-2, Minatomirai, Nishi-ku, Yohohama, Japan
Main Business :
Integrated engineering including consulting, planning, engineering, procurement, construction, commissioning and maintenance for facilities related to gas, electricity, petroleum, petrochemical, chemical, pharmaceutical, antipollution, environment, preservation and other services. Mineral resource exploration and investment, including oil and gas.
Representative : Mr. Masakazu Sakakida, Chairman of the Board, President & CEO
Taiyo Oil
CSR Group
E-mail: koho@mail.taiyooil.co.jp
URL: https://taiyooil.net/english/
Chiyoda Corporation
IR, PR & Sustainability Advanced Section
E-mail: irpr@chiyodacorp.com
URL: https://www.chiyodacorp.com/en/contact/index.php
Tags: AlwaysFree,Asia Pacific,Crude Oil,English,Japan,NEA
Published on December 30, 2022 11:54 AM (GMT+8)Last Updated on December 30, 2022 11:54 AM (GMT+8)
