In an interview, Suiniaty Basirun, Chairperson, Singapore Chemical Industry Council (SCIC) with Chemical Today Magazine talks about the opportunities and challenges faced by the chemical industry in Singapore.
Basirun is from Dow Chemical Pacific (Singapore) Pte Ltd.
By Shivani Mody
Opportunity in the chemical industry in Singapore.
Technological advancement has allowed companies to embrace the Internet of Things (IOTs) in the recent years. With digitalisation and the integration of IOTs in the processing plants, chemical companies are starting to leverage digital tools and capabilities to develop more accurate and agile planning, heighten customer awareness and collaborate with business partners throughout the value chain. The adoption of digital technologies in the industry can create new sustainable advantage for their industry to improve operations and develop top-lined opportunities, including new products and services.
As Singapore moves forward with the implementation of IOTs, it will be able to improve productivity and maximise resource efficiency through the use digital tools such as predictive asset management to track maintenance or video analytics to digitally control the use of valves and pumps in a process plants. This will promote Singapore as a world-class advanced manufacturer with good sustainability practices among our industry players, strengthening and exploiting opportunities.
Read More: Chemical industry to leverage IIOT opportunity
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