(480d) Digital Transformation in the Chemical Industry using Advanced Process Modeling

Digitalization is revolutionizing the chemical industry by enhancing operational efficiency through advanced analytics, optimizing production processes, and reducing costs and environmental impacts. New business models are emerging, leveraging digital platforms for improved customer engagement and predictive maintenance. Additionally, digital tools are accelerating research and development, enabling faster creation of new chemicals and materials. High-fidelity digital twins combined with powerful computers and optimization algorithms now allow the systematic exploration of the process design space. Furthermore, there is a significant drive towards building autonomous process plants, which can operate with minimal human intervention, further enhancing efficiency and safety. Siemens is playing a crucial role in this transformation by helping their customers implement these autonomous solutions through co-creation and innovation partnerships, utilizing advanced process modeling tools to capture deep process knowledge, supplemented by real-time information available through communication with distributed control systems.