In order to achieve high-quality and sustainable development, the petrochemical industry needs to adopt more “advancing with The Times” means and methods, use the world’s leading digital technology to continuously improve the automation degree of plants and factories, accelerate the digitization process of enterprises, and comprehensively improve the level of production efficiency, production lean management, precise carbon emission monitoring and enterprise management.

Recently, Liu Maoshu, vice president and general manager of Asia-Pacific region of Honeywell Characteristic Materials and Technology Group, and Bai Wei, president of Shenghong Petrochemical Industry Group, accepted an interview with China Chemical Information Weekly reporter on the development trend of digital intelligence in the petrochemical industry, and the problems of cooperation between the two sides in smart factories.

On June 28, Honeywell and Shenghong Petrochemical Industry Group (hereinafter referred to as “Shenghong Petrochemical”) released the “Dual Technology Integration, Operational Excellence: Honeywell – Shenghong Petrochemical Smart Factory Practice White Paper (hereinafter referred to as “White paper”), aiming at the transformation challenges and development opportunities faced by the process industry under the background of “dual carbon” goal, proposes data-driven strategy and operational excellence methodology, shares practical cases of both sides, helps promote the high-quality development and digital transformation of the industry, and explores the application and implementation of smart technology in the process industry.

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The petrochemical industry has cyclical characteristics, and the contradiction of excess capacity will appear every once in a while. Coupled with the accelerated digitization and sustainable development of the entire human society in the last decade, this cycle is becoming shorter and shorter. Today, “digital transformation” has entered the deep water zone and entered a new stage of development, and the attention and capital investment of global enterprises for digital transformation has reached an unprecedented height. In 2022, the global digital transformation investment scale will exceed $1.5 trillion, while in China, the digital transformation spending scale is expected to exceed $600 billion by 2026, with a compound growth rate of 17.9%, which is among the highest in the world.

(Photo credit: China Chemical Information Weekly)

Bai Wei stressed that the current petrochemical and chemical industry in China has stood at a new starting point, the industry has entered the stock competition mode, last year, the Ministry of Industry and Information Technology and other six departments issued the “14th Five-Year Plan” to promote the high-quality development of the petrochemical and chemical industry guidance “pointed out that by 2025, The petrochemical and chemical industry should basically form a high-quality development pattern with strong independent innovation ability, reasonable structure and layout, green safety and low carbon, which puts forward new requirements for the development of the petrochemical industry.