Yokogawa Electric Corp. has announced that it has entered into a strategic agreement with Chevron USA Inc. to resell PETRO, Chevron’s proprietary petroleum supply chain planning software.
The application supports decision-making regarding feedstock selection, operations parameters, and product mix optimisation, as well as future scenario analysis, at a multi-plant level. Yokogawa’s wholly-owned subsidiary, KBC, will manage the PETRO business with Chevron.
KBC will make the PETRO planning application available as part of its supply chain optimisation portfolio. The combination of simulation, planning and scheduling technologies is intended to enable oil refiners and petrochemical producers to take a holistic approach to managing their process operations.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/06092018/yokogawa-signs-global-reseller-license-agreement-with-chevron-for-petro-technology/