Page 31 - Plastics News August 2020
P. 31

Siemens- Bentley Systems build digital twin for          ADNOC and ADQ form joint venture to invest
         largest petrochem complex in Indonesia                   in UAE chemicals sector

            iemens and Bentley Systems will develop the first         he Abu Dhabi National Oil Company (ADNOC) and
          Spetrochemical digital twin in Indonesia for Chandra    TADQ have signed a joint venture (JV) agreement to
          Asri,  the  country's  largest  integrated  petrochemical   create a new investment platform to fund and oversee
          complex. With an over 27 year footprint, the latter is   the  development  of  industrial  projects  within  the
          set to double its capacity in the next five years. The   planned  Ruwais  Derivatives  Park,  a  key  enabler  of
          development and implementation of this digital twin     ADNOC Downstream's 2030 smart growth strategy and
          will take place
          in phases, from
          2020  –  2025.
          FKA  Global  is
          the  systems
          i n t e g r a t i o n
          partner  and
          will  provide
          digitalisation
          s e r v i c e s ,
          maintenance
          a n d   f u r t h e r
          enhancement
          of  the  solution                                       the  UAE's  chemicals  and  industrial  growth  strategy.
          p  o  s  t  -                                           The agreement was signed by H.E. Dr. Sultan Ahmed Al
          implementatio                                           Jaber,  UAE  Minister  of  Industry  and  Advanced
          n.  The  digital                                        Technology and ADNOC Group CEO, and H.E. Mohamed
          t w i n    o f                                          Hassan Alsuwaidi, CEO of ADQ. Under the terms of the
          Chandra  Asri's                                         agreement, ADNOC and ADQ will jointly evaluate and
          integrated petrochemical complex in Cilegon City will   invest in anchor chemicals projects. ADNOC will hold a
          show  and  visualise  digitalised  data  about  the  plant   60% majority equity stake in the JV with ADQ holding
          assets  and  the  engineering  data.  Therefore  analog   the  remaining  40%.  ADQ's  extensive  portfolio,
          plant data are transformed into an automated digital    including  local  and  international  logistics  and
          twin  framework.  This  reduces  risks  of  error.  The   transport, power and water, industrial construction,
          information will henceforth be accessible through one   and  other  essential  infrastructure  and  enabling
          integrated  digital  platform,  ensuring  data  accuracy,   services,  will  complement  ADNOC's  strong
          consistency  and  integrity,  as  well  as  ease-of-    hydrocarbon feedstock position in Ruwais as well as its
         maintenance.  “We  welcome  this  partnership  with      longstanding relationships with trusted international
         Bentley and Siemens and look forward to great results    partners and investors. These combined strengths will
         in the future. As Chandra Asri embarks on our digital    enhance the overall value proposition of the planned
         transformation journey that is aligned with Indonesia's   Ruwais Derivatives Park and, in turn, support the long-
         Industry  4.0  outlook,  having  a  trusted  and  reliable   term growth of the broader Ruwais industrial complex
         partner will set us apart from others and brings a more   and increased investment in the Emirate of Abu Dhabi.
         strategic  advantage  to  our  position  in  the  market,”   The  JV  partners  will  conduct  a  comprehensive
         said Erwin Ciputra, President Director of Chandra Asri.   feasibility study to further develop identified projects
         “Our  ambitious  second  petrochemical  complex          in Ruwais and take forward those that show maximum
         expansion  to  meet  Indonesia's  growing  demand  will   potential for value creation. The JV plans to announce
         certainly  benefit  from  a  digitalised  end-to-end      the  results  of  this  study  before  the  end  of  2020,
         operations,”  he  added.  AssetWise  from  Bentley       including  specific  details  on  its  selected  target
         Systems  and  COMOS  from  Siemens  will  form  the      projects  and  the  range  of  potential  opportunities
         foundation of the digital twin solution.                 available for prospective investors and partners.



            August  2020                                     29                                     Plastics News
   26   27   28   29   30   31   32   33   34   35   36